We at Zion Capital Management are proud to offer a full range of financial  services. However, our specialty lies in infinite banking. We believe that this strategy offers our clients a unique opportunity to achieve financial freedom, time freedom, and create generational wealth.

Infinite banking is a concept designed around a whole life insurance policy that builds cash value which can be used to borrow funds which can be a useful strategy looking to build wealth. This type of strategy has potential tax benefits, easier loan qualifications and asset protection. Some considerations are qualifying the appropriate policy, cost of funding the policy and the intricacies of such a strategy.

Life insurance permanent policies contain exclusions, limitations, reductions of benefits and terms for keeping them in force.  Accessing cash values may result in surrender fees and charges, may require additional premium payments to maintain coverage, and will reduce the death benefit and policy values. Loans are income tax free as long as policy is not a “modified endowment contract” (MEC) and policy must not be surrendered, lapsed, or otherwise terminated during the lifetime of the insured, and withdrawals must not exceed cost basis. Partial withdrawals during the first 15 policy years are subject to additional rules and may be taxable. Excess policy loans can result in termination of a policy.  A policy that lapses or is surrendered can potentially result in tax consequences. You should consult a qualified tax professional for tax advice on your own personal situation.  All guarantees are based upon the claims-paying ability of the issuer.