What Is Bank-Owned Life Insurance (BOLI)?

You may have heard the term BOLI before, but what is Bank–Owned Life Insurance? How can it benefit your bank?

In this insightful video, Charlie Hicks of Meyer-Chatfield explains what BOLI is, how it works and breaks down the ins and outs of this investment product.

• What is BOLI?
• What are the benefits of BOLI?
• How does BOLI work?
• Is there information on how the tax-free status of BOLI will be impacted by BASEL III?