Bank-owned life insurance hit $120.4 billion in assets in 2007, up 15.9% from the previous year, according to Michael White Associates LLC. BOLI is a form of life insurance policy bought by banks on ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South ...

Cash value life insurance is one of the most important assets of a bank, particularly America’s large banks. Banks purchase so much cash value life insurance that life insurance of this type has its ...

Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. An update from ACNB ( (ACNB)) is now ...

Recent increases in market interest rates are leading some banks to consider surrendering their bank-owned life insurance to reinvest the proceeds (net of a tax charge) in a new BOLI policy with a ...

Please provide your email address to receive an email when new articles are posted on . Real estate and life insurance offer the ability to perform tax-free exchanges. Real estate and cash value ...

NEW YORK--(BUSINESS WIRE)--New York Life is pleased to announce the pricing of its first-ever funding agreement-backed Medium-Term Note (MTN) offering in partnership with a consortium of diverse-owned ...

We analyzed policy fees, cash value growth, the reliability of policy illustrations, complaints and more Written By Written by Insurance Senior Editor, Buy Side Amy Danise is the staff Senior ...