Bank Owned Life Insurance (BOLI)

Regulatory Compliance

Executive Benefits Network simplifies the regulatory compliance requirements for the bank by assisting with:

  • Implementation Services
  • Interagency Statement on the Purchase and Risk Management of Life Insurance (OCC 2004-56)
  • IRS Section 101(j)

Frequently Asked Questions on BOLI

Bank Owned Life Insurance (BOLI) is the predominant investment asset for financing the cost of employee benefit plans. Executive Benefits Network has helped hundreds of clients in successfully implementing and administering BOLI programs. This section contains frequently asked questions regarding BOLI.

Administration & Service

Executive Benefits Network’s administrative support and compliance services include the following:

  • Implementation Services
  • Ongoing Administrative and Compliance Services
  • Custom Reporting Services

Resource Center

The Resource Center is constantly updated and contains additional resources and documents related to Banking Services.