The Personal Banking Concept (PBC) is about strategically using participating whole life insurance policy from a mutual insurance company as a vehicle for creating wealth. The PBC Policy can be used in such a way so as to create a flexible private reserve of available cash for self-financing that can replace the use of third party banking institutions.  Although, the traditional whole life insurance policies have been around for hundreds of years, a modified whole life policies are fairly new concept especially in terms of application of Personal Banking Concept aka infinite banking. We are poised to educate and share with all income level citizens a true wealth building secret concept that was once reserved for only the elites.


The term “infinite banking” or “infinite banking concept ®” was originated by Nelson Nash. He is the author of the book “Becoming Your Own Bank” and is generally deemed the originator of this strategy, at least as far as it is a recognized financial strategy. Pamela Yellen’s “Bank on Yourself” is another recognized author and promoter of this strategy. 


PBC STRATEGY uses high cash value participating whole life insurance in a way that is different from what is commonly promoted in the mainstream life insurance industry. The Personal Banking Concept is an innovative strategy and approach to building wealth using paid up additions (PUA) rider options within participating whole life insurance policies.  PBC strategy can fund or finance other wealth producing assets including real estate investments, business capitalization or simply as emergency fund purposes since the majority cash values are liquid without heavy or any surrender penalty if designed and structured properly. 


There is so much mystery surrounding the concept of personal or infinite banking, that many people simply don’t understand. With properly designed and structured policy utilizing the Personal Banking Concept can lead to an abundance of wealth or even income producing assets. But before we get into the details of PBC, it is important to understand the how different types of insurance Companies and policies work.