BOLI is a form of life insurance policy where the bank is the beneficiary (in certain circumstances, also the policy owner).
This type of insurance provides a tax shelter for the bank and a way to offer employee benefits tax-free.
Copyright 2020. Sequoia Life Settlements. All rights reserved. Sequoia Life Settlements is a marketing company that provides educational and other information about life insurance settlements. Sequoia Life Settlements may refer qualified policy holders to licensed life settlement entities and may be compensated for transactions originated on this website. The information on this website is not directed to individuals or entities outside the United States or elsewhere, where prohibited by law.