Episode

680

Round Table | The Greatest "Scam" Banks Ever Fell For: $200 Billion in Life Insurance

What's this episode all about?

Are you curious about how banks make lots of money? In this episode, the financial coaches dive into one of the lesser-known financial strategies that banks use to build wealth: Bank-Owned Life Insurance (BOLI). While BOLI is typically utilized by financial institutions to create long-term, tax-deferred growth, the coaches break down how anyone can apply the same principles to their own financial strategies. They explain how BOLI provides financial freedom through tax advantages, compounding growth, and safe wealth accumulation.

Top 3 Things
You’ll Learn

  1. How banks leverage life insurance to build wealth and mitigate financial risks
  2. Why bank-owned life insurance (BOLI) is a valuable strategy for personal finances
  3. Practical steps to integrate the same strategies used by banks into your own financial planning

About

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