The 16 Banks · Become Your Own Banker

Insurance companies are banks. They just don't call themselves that.

Some of the most stable, powerful financial institutions in the world aren't on Wall Street — they're life insurance companies, quietly lending against their own reserves for over a century. The 16 Banks strategy shows how to use that same mechanism for yourself, becoming your own source of financing instead of asking permission from a traditional bank every time you need capital.

NORTHERN VIRGINIA CENTRAL VIRGINIA SOUTHERN VIRGINIA
20+Years Experience
3,000+Clients Served
8States Licensed
$0Cost To Meet

Their Bank vs. Your Bank

The traditional lender's rules, next to how a policy loan actually works.

Traditional BankCredit check & approval required
Policy LoanNo credit check, no approval process
Traditional BankFixed repayment schedule
Policy LoanFlexible repayment, on your terms
Traditional BankYour collateral stops earning while pledged
Policy LoanCash value typically keeps growing while borrowed against
Traditional BankInterest paid to the bank, gone for good
Policy LoanInterest paid back toward your own policy structure

Policy loans still accrue interest and reduce the death benefit if unpaid. This is a structural comparison, not a guarantee of performance — actual terms depend on the policy and carrier.

Who This Is Built For

If you've ever been denied, delayed, or dependent on a bank, this is for you.

This isn't about replacing every bank account you have. It's about building a source of financing that doesn't ask permission. From Loudoun and Fairfax to Richmond and Henrico to Lynchburg and Danville, the goal is the same — capital you control, on terms you set.

Profile

Consistent savers frustrated with bank returns

You save responsibly but watch that money earn next to nothing sitting in a traditional savings account while the bank lends it out at a much higher rate.

Profile

Business owners who need flexible liquidity

Opportunities and cash flow gaps don't wait for a loan committee. A policy loan can move at the speed the opportunity requires.

Pain Point

"I got denied for financing I know I could repay."

Traditional underwriting looks at credit history and paperwork, not your actual ability to repay. A policy loan looks at neither.

Pain Point

"Every dollar I save just sits there doing nothing."

A properly structured IUL policy is designed so your cash value keeps working even while you're using it elsewhere.

The Strategy

How to actually become your own banker.

Becoming your own banker isn't a single product — it's a structure, built deliberately over time.

01

Properly Structured IUL Policy

The policy is built specifically to maximize early cash value accumulation — not every IUL is designed this way, which is why structure matters more than the product name.

02

Funding the Policy

Consistent contributions build cash value that becomes the base for future policy loans, similar to capitalizing your own bank.

03

Borrowing Against It

When capital is needed — a major purchase, a business opportunity, an investment — a policy loan is taken against the cash value, without a credit check or approval process.

04

Repaying on Your Terms

Repayment flows back into the policy on a schedule you control, rebuilding available capital for the next opportunity — the same cycle insurance companies use themselves.

Questions & Answers

What people ask before they call.

What is the 16 Banks strategy?

A reference to the fact that many of the largest, most stable financial institutions in the world are life insurance companies operating quietly in the background. The strategy shows how to use a properly structured IUL policy to access that same financing mechanism for yourself.

How does becoming your own banker actually work?

A properly structured IUL policy builds cash value that can be borrowed against through a policy loan. The full cash value typically keeps growing even while a loan is outstanding, since the loan is against the insurance company using the policy as collateral, not a withdrawal.

How is a policy loan different from a bank loan?

No credit check, no fixed repayment schedule, and cash value continues growing while the loan is outstanding. Interest is still charged, and an unpaid balance reduces the death benefit — but the flexibility is fundamentally different.

Who is a good fit for this strategy?

Consistent savers frustrated with low returns, business owners who need flexible liquidity, and anyone who wants more control over how their capital is accessed.

How much does a strategy session cost?

Free, with no obligation. It includes a review of your savings and financing patterns and a proposed policy structure suited to your goals.

Start Here

See if the 16 Banks strategy fits your situation.

Tell us a little about your goals. Lee reviews every submission personally and follows up within one business day.

Free 16 Banks Strategy Session

Takes under a minute. No obligation.

Your information goes directly to Lee Boone. It is never sold or shared with third parties.

Prefer to just grab a time? Book directly on the calendar →