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Be Your Own Bank (Infinite Banking) Strategy
Educational overview of whole-life-funded infinite banking as popularized by Nelson Nash.
The "Be Your Own Bank" or "Infinite Banking" concept, popularized by Nelson Nash, uses participating whole-life insurance policies as a structured savings vehicle. The idea is to fund the policy and then borrow against the accumulated cash value for major purchases, financing, or emergencies, repaying the policy loan from non-policy cash flow. Proponents point to policy guarantees and tax-advantaged growth; critics point to high premiums, opportunity cost vs alternatives, and complexity. Discuss with a licensed advisor and compare to other savings vehicles. Educational content only. This information is not financial, tax, or legal advice. Product availability varies by state and carrier underwriting. Speak with a licensed advisor before making decisions based on this content. By Laura Flaherty · Last reviewed recently. Have questions about this topic? Schedule a no-pressure consultation → Service-specific FAQ Be Your Own Bank (Infinite Banking) Strategy — common questions + +