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Bank Owned Life Insurance (BOLI) and IBC: Banking’s Best-Kept Secret | WealthWise Banking EP. 7
Season 1 Episode 7
Website: www.WealthWiseBanking.com
LinkedIn: https://www.linkedin.com/company/wealthwise-banking
In this episode, Jason and Jeremy pull back the curtain on one of the financial world’s most surprising strategies: Bank Owned Life Insurance (BOLI). They explore its historical roots, explain why it has become a cornerstone of financial stability for banks, and reveal how individuals can apply these same principles through the Infinite Banking Concept (IBC). By addressing common myths and providing compelling data, they empower listeners to reconsider how they manage their money and take the first steps toward financial independence.
EPISODE HIGHLIGHTS
Introduction to BOLI - (00:00)
Historical Context and Benefits - (02:15)
Banks’ $225 Billion in Cash Value - (03:16)
Why Banks Use BOLI - (04:03)
Tax Advantages of BOLI - (13:32)
Stability and Growth Through Life Insurance - (18:20)
Infinite Banking Concept (IBC) - (25:52)
Family Banking & Legacy Planning - (30:22)
ABOUT YOUR HOSTS
At WealthWise Banking, hosts Jeremy Huggins and Jason Sipple combine decades of experience in finance, leadership, and wealth-building to help listeners eliminate debt, grow wealth, and build lasting legacies.
Jeremy, a West Point graduate and Special Operations Veteran, brings a strategic, disciplined approach to financial planning, shaped by years in high-pressure environments. Now a real estate investor, airline pilot, and certified Infinite Banking Concept Practitioner, he helps clients unlock financial freedom through IBC strategies designed for long-term stability.
Jason, a 5x Ironman Competitor, money mentor, and founder of Founding Fathers Financial, has guided thousands toward debt elimination, cash flow optimization, and legacy building. Through Founding Fathers, Jason leads a community of men focused on aligning wealth with purpose, fostering leadership, and building legacies that reflect their values.
Together, Jeremy and Jason share real stories of transformation, showcasing how listeners apply the Infinite Banking Concept (IBC) to take control of their financial futures.
Beyond the Mic: Jeremy enjoys fitness and outdoor adventures with his wife and two dogs, LB and Tito. Jason balances mentoring, Ironman training, and community-building through Founding Fathers.
🎧 Tune in weekly to learn practical strategies and simple shifts that unlock financial independence and lasting success.
Published on 2 months, 4 weeks ago