Bank on Infinite Banking

Do you need money to finance your car?  Or do you need money to open up a small business?  Before you apply for a loan, stop and consider infinite banking; this concept allows you to use and roll your own money.  Instead of borrowing from the bank or finance companies; you borrow from your whole life insurance.  What's great about it is aside from getting fast access on your money and there are no approvals needed; your money earns interests as well.  The principal amount of your whole life policy gets bigger so you'll enjoy larger retirement benefits later on.  Why would you make other companies get richer when you can be the one getting rich?