Discover how insurance proceeds work, learn their tax implications, and find out what you need to know about claim processes ...

Discover the differences between permanent and term life insurance, including coverage duration, benefits, and costs, to ...

Broadcast Retirement Network's Jeffrey Snyder discusses the taxes associated with receiving benefits from life insurance and ...

Any life insurance product, from term to universal life to whole life, shares a primary advantage; their death benefit is received by the beneficiary tax free, unless the policy owner breaks one of ...

Life insurance strategies could help wealthy families remove assets from their estates while acting as the collateral for loan financing and a source of tax-free distributions. These possible benefits ...

A sealed glass jar with a $100 bill inside on a background of $100 bills. The Senate Committee on Finance conducted an investigation into the growing use of Private Placement Life Insurance (PPLI) ...

Life insurance is a way to provide financial security for your loved ones in the event of your death. You purchase a policy and make regular payments, and the insurer will pay a tax-free death benefit ...