First Step to Setting Up a PRB

Find the Right Company

To set up a private reserve bank you

must choose the right life insurance company. There are two types of life insurance companies, mutual and stock. Mutual companies are owned by the policyholders, Stock companies are owned by shareholders. 

The private banking solution works only with insurance companies that pay dividends. Most stock insurance companies do no pay dividends. 

To set up a private reserve bank (PRB) properly you must start with a mutual insurance company that have the following characteristics.

• Great financial strength
• Have a history of paying dividends
• Offer whole life policies that have the right kind of riders available to added to the policies

Once you have found the right mutual company determine how much you want save, rather how cheap you can get the insurance. This will determine how much insurance you want.