As an independent IBC/Bank On Yourself Authorized Advisor, part of my responsibility is to understand what you're aiming to accomplish so I can put together a Personalized Solution tailored specifically for you. There is no one-size fits all for IBC. (For those seeking information about the 770 Account, please note that Infinite Banking or Bank On Yourself are the more official names for this strategy, and for good measure I am in good standing and endorsed by both organizations.)
My 4 Step Process To Get You Started
1. The Introductory Phone Call
My first goal is to get you familiar with IBC/Bank On Yourself so you are prepared to ask questions during our initial telephone or in-person consultation. Ideally, I like for my prospective clients to have read my Free Report or watched the videos at www.CashValueBanking.com. (If you haven't received my Free Report, please see below.)
Initial appointments are typically 20 minutes and are done over the phone and you can schedule your introductory call here: www.vcita.com/v/john.montoya. During this initial call I will answer questions and also qualify you to make sure you are a good candidate for IBC.
2. The Financial Questionnaire Appointment
After questions have been answered and the process laid out, if you're comfortable moving forward with a Personalized Solution, we will then schedule a telephone appointment to complete a Financial Questionnaire. This appointment typically requires 15-30 minutes depending on your financial situation.
3. The Plan Review and Application Appointment
Our 3rd appointment is the review of your Personalized Solution which will highlight the IBC/Bank On Yourself plan I have created for you. If everything looks good and you are ready to put the plan into action, we can proceed to the application.
Typical underwriting time can vary but is usually between 25-45 days before an approval is offered for acceptance and delivery. Once an underwriting decision has been made and assuming the contract is approved, then you and I will make any final changes needed to either modify the plan's premium specifications or simply request the contract as approved.
The worst case scenario is I have to notify the prospective client of a decline by the insurance company. It's important to note that a decline will not rule out the creation of an IBC/BOY plan. It simply means we have to find an insurable interest like a spouse, child, or sibling.
4. The Delivery Appointment
The 4th and final appointment is the delivery and final review of your IBC/Bank On Yourself plan. This is done either via the internet or in-person.
Going back to step 1, if you have not yet received a copy of my Free Report, please go to the contact page here on my website to request it.
When you are ready to have our initial telephone introductory appointment, please schedule our appointment by going to my online calendar at www.vcita.com/v/john.montoya.
I look forward to helping you get started.
John A. Montoya
JLM Wealth Strategies, Inc.
(925) 386-6639 Office
Bank On Yourself™ Authorized Advisor
IBC™ Authorized Practitioner