Is the Cash Value of Life Insurance Taxable?
2024-04-30
Cash value life insurance is any type of policy that features a death benefit and a savings element.
Common types of cash value life insurance policies include whole life, universal, variable universal, and indexed universal.
Cash value policies are permanent, and accumulate value that you can access during your life to pay for emergencies, cover retirement expenses, or even self-cover … Is the Cash Value of Life Insurance Taxable? Read More » The post Is the Cash Value of Life Insurance Taxable? appeared first on Harbor Life Sett