Is bank owned life insurance a good investment?

InsuNews May 23, 2022

Is bank owned life insurance a good investment?

BANK OWNED LIFE INSURANCE PROS & CONS BOLI is generally considered a low-risk investment. Growth of cash value is tax-deferred and can be used tax-free. Death benefits are tax-free. Investment yields and potential dividends offset the cost of employee benefits. Jul 11, 2021

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