Can I buy Boli life insurance?

InsuNews May 23, 2022

Can I buy Boli life insurance?

BOLI, or bank-owned life insurance, is just what it sounds like: a life insurance policy you can buy to insure the lives of your key employees. This tax-advantaged asset acts similarly to a bond, allowing banks to offset the expenses needed for superior benefits and/or informally fund executive benefits.

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