Please be aware that the information and contents provided on the FamilyBankingSystem.ca website, specifically referring to the Infinite Banking System in Canada, are for informational and educational purposes only. These are not intended to replace or serve as professional advice of any kind, including, but not limited to, financial, legal, or any other form of professional advice. The author and publisher of this website expressly disclaim any responsibility or liability for any actions or decisions taken based on the information presented herein.
Each article or content on this website is the subjective expression and opinion of its respective author and should not be considered as a replacement for seeking advice from qualified financial advisors, lawyers, or personal connections. The author and publisher of this website are not engaged in rendering professional services and make no representations or warranties, either express or implied, about the completeness, accuracy, reliability, suitability, or availability of the information, products, services, or related graphics contained herein.
The information on this website is intended for general informational purposes and is not intended to provide financial, tax, accounting, legal, or investment advice. It should not be relied upon for making any financial, tax, accounting, legal, or investment decisions. Any reliance you place on the tools, ratings, or other information provided on this website is at your own risk.
You explicitly agree that any tools, ratings, or other information available on this website are not a substitute for exercising your independent judgment and seeking professional advice tailored to your specific circumstances. The tools, ratings, and other information on this website are provided on an "as is" basis and do not take into account your personal objectives, financial situation, or needs. Therefore, if you require advice or guidance on any financial, tax, accounting, legal, or investment issue, you should consult with a qualified professional adviser who can assess your individual circumstances and provide you with the necessary guidance.
The Infinite Banking System in Canada, and the concept of Becoming Your Own Banker, are financial strategies that involve using specially designed whole-life insurance policies as a tool to store and access your money. While these concepts may benefit certain individuals and families, they may not be suitable for everyone. Therefore, it is vital to carefully consider your financial situation, conduct a thorough financial evaluation, and consult with a qualified financial professional before making any decisions.
This website's content is based on personal opinions and experiences and should not be interpreted as professional advice. The use of any information provided on this website is solely at your own risk. We make no guarantees as to the accuracy, completeness, or timeliness of the information provided, and we are not responsible for any errors or omissions.
Infinite Banking System in Canada and Becoming Your Own Banker are NOT products of a "Traditional Canadian Bank" regulated by a chartered bank in Canada, nor do they involve the creation of a chartered bank issued by the Ministry of Finance of the government of Canada. They are financial strategies that involve using a unique type of whole-life insurance policy as a tool to store and access your money. These concepts are not affiliated with, sponsored by, or endorsed by Infinite Banking Concepts LLC or NNI.
The information provided on this website is for educational purposes only. It is strongly advised to conduct a comprehensive financial evaluation of your needs and ability to pay the premiums while adhering to the life insurance law, rules, and government regulations in your province. All guarantees are subject to the terms of your policy and the insurer's capacity, and any excess policy loans may cause the policy to lapse or be terminated. It is essential to respect your policy structure and pay your premiums as outlined in your contract, as surrendering your policy may lead to tax implications.
Your results and dividends may differ from the illustrations provided on this website, as each Infinite Banking plan is custom-tailored to your unique financial situation. Neither NNI nor the owners or employees of this website, its affiliates, or any employees have any control over the policy provided by your advisor. You are solely responsible for any business relationship and any policy sold to you. Neither NNI nor the owners or employees of this website shall be held liable for any damages claimed as a result of decisions made by your advisor(s).
It is essential to understand that the Infinite Banking concept is subject to varying regulations and laws in different jurisdictions. The laws and regulations governing insurance and financial products in Canada and each province may differ from those in other countries or provinces. As a result, it is crucial to consult with a licensed financial professional who is knowledgeable about the laws and regulations in your specific jurisdiction before making any decisions concerning Infinite Banking.
The owners and employees of this website are not affiliated with the Nelson Nash Institute or any other life insurance company, financial insurance entity, or financial institution mentioned on this website. The information provided on this website is for educational purposes only, and it is not intended to promote or endorse any particular life insurance company, financial insurance entity, or financial institution.
The content of this website is provided "as is" and without warranty of any kind, either express or implied. We do not guarantee the accuracy or completeness of any information on this website, and we are not responsible for any errors or omissions. Any reliance you place on such information is strictly at your own risk.
This website does not provide any financial, investment, or legal advice. Any content or information provided on this website should not be construed as professional advice or recommendations. We strongly recommend that you consult with a licensed financial professional before making any decisions concerning your financial strategy.
The use of whole-life insurance policies as part of Infinite Banking comes with inherent risks and limitations, such as the potential for the policy to lapse or be terminated due to insufficient premiums or other reasons. Additionally, the benefits and returns associated with Infinite Banking may vary depending on several factors, such as the insurer's financial strength, the policy's terms and conditions, and your ability to pay the premiums.
Decisions made based on the information provided on this website are solely your responsibility. The owners and employees of this website do not guarantee any specific results or outcomes, and they are not liable for any damages, losses, or expenses incurred as a result of using this information or any other financial strategy.
The information provided on this website may not be applicable or suitable for every individual or family. It is crucial to consult with a qualified financial professional who can provide personalized advice and guidance based on your specific financial situation, needs, and objectives. The decision to use Infinite Banking or any other financial strategy should only be made after careful consideration, research, and consultation with a licensed and experienced financial professional.
The laws and regulations surrounding life insurance and financial products in Canada and each province may differ from those in other countries or provinces. Therefore, it is crucial to seek advice from a licensed financial professional who is knowledgeable about the laws and regulations in your specific jurisdiction before making any decisions concerning Infinite Banking.
The use of Infinite Banking and whole-life insurance policies may have tax implications and consequences that vary depending on your personal financial situation and the laws of your jurisdiction. Therefore, it is important to consult with a licensed tax professional to determine the potential tax implications and benefits of this strategy.
While the Infinite Banking and Becoming Your Own Banker concept may be a valuable financial strategy for certain individuals and families, it is important to carefully consider the potential risks, benefits, and limitations associated with this strategy, as well as to consult with a licensed and experienced financial and tax professional before making any decisions. The owners and employees of this website are not liable for any damages, losses, or expenses incurred as a result of using this information or any other financial strategy.
Creating your own bank involves formulating a concept, an idea, and a strategy to manage your financial life, which does not entail the creation of a "Traditional Canadian Bank" regulated by a Chartered Bank in Canada or obtaining your own chartered bank through the Ministry of Finance of the Canadian government. Instead, it involves utilizing a unique type of whole-life insurance as a tool to safeguard your funds, effectively creating your own bank.
Please note that the videos referenced on this site were produced in the United States and feature US products for implementing an Infinite Banking contract, which is subject to the US taxation system. As we operate in Canada, we employ a similar approach, but with various Canadian life insurance policies and adhere to Canadian tax legislation.
The information provided on this website is intended for marketing purposes only. While we strive to ensure the accuracy and completeness of the information presented, we make no guarantees or warranties, express or implied, about the information's reliability, suitability, availability, or accuracy. Users of this website should not rely solely on the information presented and should seek further guidance and advice before making any decisions based on it.
By accessing this website, you acknowledge that you are not required to agree with the information presented here. The information contained on this website is NOT intended to be used as financial, legal, tax, or accounting advice, and is NOT a substitute for consulting with a qualified professional. We advise you to seek the advice of a licensed financial advisor, financial security advisor, life insurance agent, tax lawyer, or accountant before making any decisions based on the information provided on this website.
Any decisions you make based on the information provided here are solely your own responsibility. By using this website, you agree to indemnify and hold harmless its affiliates, officers, agents, and employees from and against any and all claims, damages, liabilities, costs, and expenses arising out of or in connection with your use of this website and any decisions you make based on the information provided herein.
By continuing to use this website, you indicate that you have read and understood this legal notice and that you agree to be bound by its terms and conditions. If you do not agree to these terms, you should not use the information or claims provided on this website.
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