Be Your Own Bank
Build Wealth You Can Use While You're ALIVE
Stop letting insurance companies profit from your premiums. Access your money TAX-FREE for education, retirement, travel, emergencies—without market risk.
Build Wealth You Can Use While You're ALIVE
Stop letting insurance companies profit from your premiums. Access your money TAX-FREE for education, retirement, travel, emergencies—without market risk.
Most people don't realize their insurance only pays when they DIE. Your family gets a payout, but YOU never benefit from decades of premiums.
Your retirement savings exposed to market crashes. 2008, 2020... when is the next one?
College costs skyrocketing. How will you fund your children's education without drowning in debt?
Traditional retirement accounts taxed when you withdraw. Give Uncle Sam 30%+ of your nest egg?
Can't access your retirement funds without penalties. Emergency? Too bad—pay the price.
Insurance products that work FOR you while you're alive—not just when you die. Plus expert business consulting through our trusted associates.
The ultimate wealth-building tool. Your money grows with the market gains but never loses when markets crash.
Guaranteed income you can't outlive. Protect yourself from market uncertainty and create predictable cash flow.
Comprehensive health coverage that protects your family's wellbeing and your wallet.
Expert guidance from our trusted associates to help your business thrive and protect your entrepreneurial dreams.
Stop being a victim of market volatility. Start building wealth with guarantees.
Withdraw your money tax-free anytime. No penalties. No restrictions. YOUR money when YOU need it.
Capture market gains up to a cap, but NEVER lose when markets crash. Sleep well during downturns.
Build a college fund that grows tax-free. No FAFSA impact. No contribution limits. Pure flexibility.
Access funds before 59½ with zero penalties. Retire early on YOUR terms, not the government's.
Use your money for travel and experiences NOW. Take that trip to Europe, Asia, or the Caribbean—don't wait until you're too old.
Leave tax-free money to your loved ones PLUS enjoy the benefits while you're alive.
Shield your wealth from creditors and lawsuits. IUL offers strong legal protections in most states.
Our associates help business owners protect their company, employees, and personal assets with smart financial strategies.
Your journey to financial independence starts with a simple conversation
We discuss your goals, concerns, and financial situation. No pressure, just education.
I design a personalized plan that protects your wealth while maximizing growth and access.
We handle all the paperwork. Setup is fast and straightforward—usually completed in days.
I'm here whenever you need me. Questions, adjustments, or accessing your funds—I've got you covered.
Your partner in building wealth and financial security
At BYOB Insurance, we believe insurance should work FOR you while you're alive—not just provide a death benefit. We're passionate about educating families and business owners on how to use living benefits insurance strategies to build real, accessible wealth.
Our mission is simple: help you take control of your financial future. Whether you're saving for your children's education, planning for retirement, funding dream vacations, or protecting your business, we provide strategies that give you tax-free access to YOUR money on YOUR terms.
We serve families and businesses throughout Virginia, Maryland, and nationwide, offering personalized strategies backed by expertise and genuine care for your financial success.
Virginia & Maryland
Specialist
Expert
Through Associates
Learn how to use insurance as a wealth-building tool, not just a death benefit
Traditional life insurance pays only when you die. IUL lets you access your cash value anytime for education, retirement, emergencies—anything. It's YOUR money.
The Key: Your money grows tax-free and you can borrow against it without triggering taxes or penalties.
When the market goes up, you capture gains (up to a cap, typically 10-14%). When the market crashes? You lose NOTHING. Your floor is 0%.
Real Example: 2008 crash—market lost 38%, but IUL policyholders lost 0%. Then captured the recovery gains.
Unlike 529 plans, IUL has no contribution limits, doesn't impact financial aid, and can be used for ANYTHING—not just qualified education expenses.
Flexibility: If your child gets a scholarship? Use the money for your retirement or their first home.
Become your own bank. Borrow from your policy at low rates while your money continues to grow. Pay yourself back on your terms.
Smart Move: Finance cars, real estate, or business ventures from your policy instead of enriching banks.
Supplement Social Security with tax-free income from your IUL. Unlike 401(k)s, withdrawals don't increase your taxable income or Medicare premiums.
Advantage: Keep more of your money while staying in lower tax brackets.
Why wait until retirement to see the world? Access your cash value for dream vacations, family trips, or adventure travel—tax-free and penalty-free.
Live Now: Visit Italy, go on safari, cruise the Caribbean—use YOUR money for experiences while you're young enough to enjoy them.
With record debt, inflation fears, and geopolitical tensions, protecting your principal while maintaining growth potential is critical.
Peace of Mind: Sleep well knowing your money is protected from the next crash.
Our trusted associates provide specialized consulting for small business owners. Protect your business, your employees, and your personal wealth with the right strategies.
Smart Strategy: Use life insurance for key person coverage, buy-sell agreements, and tax-advantaged retirement plans for you and your team.
See the difference for yourself
Real results from real people who chose to Be Their Own Bank
Working with BYOB Insurance completely changed my perspective on insurance. I never knew I could access my money tax-free for my daughter's college! It's not just insurance—it's a real wealth-building tool.
As a small business owner, protecting my company was critical. The business consulting and key person insurance strategies they provided gave me peace of mind. Highly recommend!
The market crash protection alone is worth it. My IUL policy captured the gains when the market was up but lost nothing during downturns. I sleep well knowing my retirement is protected.
We took a dream vacation to Italy using funds from our IUL—tax-free! It felt amazing to enjoy our money while we're young instead of waiting until retirement. Best decision ever.
Patient, knowledgeable, and genuinely cared about our financial goals. They took time to explain everything clearly. No pressure, just education and options. Exactly what we needed.
The dental and vision coverage for my family is affordable and comprehensive. Combined with our IUL strategy, we have complete financial protection. One-stop solution!
Get answers to common questions about living benefits insurance
IUL costs vary based on your age, health, and desired coverage amount. Think of it as a savings vehicle with life insurance protection. Most people start with $200-$500/month, but we'll design a plan that fits your budget and goals. The key is starting early to maximize growth.
You can access your cash value anytime through policy loans—typically after the first few years once cash value builds. Unlike 401(k)s, there are no age restrictions or penalties. Use it for education, emergencies, travel, or any purpose you choose, completely tax-free.
401(k)s lock your money until 59½ (with penalties for early withdrawal) and are fully taxable. IUL offers tax-free access anytime, no contribution limits, market crash protection (0% floor), and leaves a tax-free death benefit. Plus, IUL withdrawals don't count as income, keeping you in lower tax brackets.
Most healthy individuals ages 0-70 qualify for IUL. We work with multiple carriers to find the best fit for your health and age. Even if you have minor health conditions, we can often find coverage. Schedule a consultation to review your options.
Your IUL is linked to a market index (like S&P 500) but you don't actually invest in it. When the market goes up, you capture gains up to a cap (typically 10-14%). When the market crashes, you lose NOTHING—your floor is 0%. This means you never experience negative returns.
Absolutely! IUL is actually superior to 529 plans in many ways: no contribution limits, no restrictions on use, doesn't impact financial aid, and tax-free access. If your child gets a scholarship, use the money for something else. Total flexibility.
If you need to stop payments, you have options: use your cash value to keep the policy active, reduce the death benefit, or keep the policy as "reduced paid-up" insurance. We design policies with flexibility in mind and help you navigate any financial challenges.
Yes! We're licensed in both Virginia and Maryland and serve clients throughout the DMV area and nationwide. Whether you're in Northern Virginia, Montgomery County MD, or anywhere else in these states, we're here to help you build wealth with living benefits strategies.
Schedule your free consultation today. No obligation, just education and honest advice.