Taking out a loan against your life insurance policy does not count as taxable income. Learn how a taxable event occurs if ...

One of the most valuable features of life insurance is that the beneficiary receives the death benefit income-tax free.

Life insurance plays an essential role in protecting the financial well-being of individuals and their families. It provides a sense of security by offering a payout or death benefit to beneficiaries ...

Owning a life insurance policy can be an effective way to ensure that your loved ones are provided for if you die prematurely. You pay premiums on the policy, and if the policy is still in force at ...

Employer-sponsored life insurance over $50K is taxed. The IRS considers excess coverage as imputed income. Imputed income appears on your W-2. The taxable portion of employer-provided life insurance ...

Variable life insurance is a permanent life insurance policy with an investment component. Learn more about how it works and ...