Let's say John and Mary, a typical couple, are struggling with a mortgage and credit card debt. They choose IBC and start a whole life insurance policy. A few years down the line, they need a loan for home repairs. Instead of going to a bank, they borrow from their policy – at a lower interest rate and on their own repayment terms. Over time, they repay the loan to themselves, not a bank, and their policy continues to grow, unaffected.