It's called BOLI — Bank Owned Life Insurance. Over 3,000 banks nationwide hold it. 80% of mid-size American banks use it as a core financial asset. Not for death benefits. For the same tax-advantaged growth and access that's been available to you the entire time — you just weren't told.
The numbers behind BOLI, as of September 2024.
Figures as cited in Lee Boone's presentation, sourced from FDIC call report data on Bank Owned Life Insurance holdings. This shows how banks use the asset class, not a projection of individual policy performance.
Banks don't hold $205 billion in an asset class for sentimental reasons. From Loudoun and Fairfax to Richmond and Henrico to Lynchburg and Danville, this is for anyone who wants access to the same mechanism, regardless of income or net worth.
That framing describes a small whole life policy, not the same asset class banks use to grow and access capital tax-advantaged, at scale.
The same three tax advantages — deferred growth, tax-free loans, tax-free transfer — that make BOLI valuable to a bank apply at any scale, including a family building something to pass down.
Most people have never heard the term BOLI — despite it being a documented, multi-billion dollar strategy hiding in plain sight on public bank balance sheets.
The mechanics don't require bank-level assets — a personal IUL policy can be structured at a wide range of contribution levels using the same underlying advantages.
This is what banks are actually buying when they purchase BOLI — and what's available in a properly structured personal policy.
Cash value grows without current income tax, allowing the full crediting amount to compound year over year.
Borrowing against the policy's cash value doesn't trigger a taxable event — the same mechanism banks use to access capital from their BOLI holdings.
The death benefit generally passes to beneficiaries free of income tax — completing the loop from growth to access to legacy.
This isn't a sales presentation — it's pure education on a strategy that's been hiding in plain sight. The video also touches on the biblical mandate for generational wealth referenced in Proverbs 13:22. For the full 45-minute breakdown, watch the companion presentation →
Empowering the 99% with strategies the 1% have always used.
Bank Owned Life Insurance — life insurance held by a bank on key employees, used primarily as a financial asset for tax-advantaged growth, not for the death benefit. Banks held over $205 billion in BOLI as of September 2024.
Tax-deferred growth, tax-free access through policy loans, and a generally tax-free transfer — often exceeding what other conservative fixed-income investments would yield after tax.
Yes — the same mechanics are available through a properly structured personal Indexed Universal Life policy, at a wide range of contribution levels.
Using a policy's cash value as a personal financial institution — borrowing against it instead of using a traditional bank loan, while the cash value keeps growing.
Free, with no obligation. It includes a review of your current situation and whether this strategy fits your goals.
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