Pub 12 2023 Issue 3

EXECUTIVE BENEFITS NETWORK For a customized proposal for your bank, please contact: Executive Benefits Network 4601 W 6th Street, Ste A | Lawrence, KS 66049 www.ebn-design.com | (785) 838-9800 jjones@ebn-design.com | nicole@ebn-design.com The only Kansas-based BOLI firm, serving Kansas banks for over 25 years. Come see what BOLI can do for your bank. WHY DO KANSAS BANKS BUY BOLI? • Banks buy BOLI because it is the most effective way to offset the rising costs of employee benefit programs. • Banks buy BOLI because it enables a funding tool for effective compensation plans. • Banks buy BOLI because it provides a consistent and competitive return on quality carrier paper. • Banks buy BOLI because it is an accretive asset at inception of the purchase. • Banks buy BOLI because it offers book value accounting. • Banks buy BOLI because it can improve earnings. • Banks buy BOLI because it adds diversification to a portfolio. • Banks buy BOLI because it can offer protection for the loss of a key person. • Banks buy BOLI because it offers the ability to share life insurance at preferred costs to the executive. • Banks buy BOLI because it offers a cost recovery benefit. • Banks buy BOLI because it can be issued on a guaranteed issue underwriting basis.

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