The Basics of Bank Owned Life Insurance and how it might fit into your Bank’s portfolio.

With over 150 carriers and 1000’s of different product and product designs, it is important to understand your options with Bank Owned Life Insurance

An understanding of the pros and cons of what BOLI can offer your bank is essential before determining to move forward.  Read this article to find out the real reasons why bank’s buy life insurance.

One of the most common questions we receive from our clients and prospective clients is regarding the accounting treatment of BOLI.  This article reviews the basics of accounting for BOLI.

Most banker’s are familiar with accounting for loans, leases, securities and other common bank assets.  They may be less familiar with Bank Owned Life Insurance.  This article provides a chart that compares BOLI with other bank-eligible investments.