In short, BOLI is a tax-efficient method banks use to generate additional income as a means to offset employee benefit expenses. In this Q&A, VP of Consulting Dave Gagnon addresses questions about BOLI and provides insight into the role plays in the banking industry.
![](https://www.bolicoli.com/wp-content/uploads/sites/61/2023/04/QA-with-Dave-Gagnon.jpg)