Do I need to pay any taxes on any income from my Flexmethod plan?
No, because your income is coming from your line of credit. This type of “income” […]
FAQ Group: Agent FAQ's
Is there any need to requalify health wise at any point for the rest of my life?
No. Once you are qualified health wise you are good to go. The only caveat […]
Are the lines of credit reported or reflected on my credit reports?
It depends. Some banks do report to the credit bureaus, and some do not. When […]
Is the line of credit a recourse loan?
Policy loans from the insurance company and many banks do not have any recourse on […]
Does an Automatic Premium Loan affect my credit report?
No. A policy loan is not reported to the credit bureaus.
Why do we let the interest accrue on the line of credit?
Some banks allow the interest on a loan to accrue (compound). We only use financing […]
I am debt averse. Taking on debt is a concern.
Consumer debt and living beyond one’s means are never good. Leverage (financing) must always be […]
How do I know this is legitimate?
The Flexmethod has been around for over eight years now. We have over 1,200 clients […]
I have heard that too many people have issues with permanent life insurance. What makes this any different?
Insurance policies come in all shapes and sizes. Other people don’t know what we know. […]
What if the insurance company goes out of business?
Insurers are highly regulated and required to place vast amounts of money into reserve accounts. […]