Bank-Owned Life Insurance
Help improve your earnings
Create an asset to offset emerging liabilities, minimize profit & loss impact for shareholders, and leverage the tax savings for returns.
Corporate benefit liabilities, such as non-qualified benefits, medical benefits, 401(k) matching contributions, and other employee benefit plans, create significant rising costs to current and future shareholders. We specialize in helping banks (community, regional and national banks) evaluate their current and future benefit liability costs and how those costs can be funded with bank-owned life insurance (BOLI).
We deliver proprietary and institutional BOLI products.
Benefit Liabilities
Fund corporate benefit liabilities, such as non-qualified benefits, medical benefits, 401(k) matching contributions, and other employee benefit plans.
Tax-Efficient Funding
BOLI provides a structure to defer investment gains or eliminate corporate taxes when the policy matures in a death benefit.
Proprietary
Retail “off-the-shelf” life insurance products may not meet the needs of institutional corporate clients - we offer proprietary products.
Help improve your earnings
Our clients invest in Bank-Owned Life Insurance (BOLI) to create an asset to offset emerging liabilities, minimize profit & loss impact for shareholders, and leverage the tax savings for returns within a BOLI product.
How It Works
Information
Gather information on benefit plan liabilities, business assumptions, and potential insured group of employees.
Analysis
Evaluate bank capacity for BOLI, product and underlying investment options, develop a cash flow and earnings impact model.
Issue & Manage
Issue the BOLI contracts on the insured population, wire the initial premium, and report on monthly values.