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 ...

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 ...

Discover the differences between permanent and term life insurance, including coverage duration, benefits, and costs, to determine which policy suits your financial goals.

Whole life insurance is a form of permanent life insurance, which means the coverage remains in force until you die as long ...

With current estate-tax rules set to expire at the end of next year, life insurance could help heirs to some high net worth clients avoid bigger costs and payments to Uncle Sam in the future.

The main point of life insurance is to provide financial support for your loved ones after you pass away. But life insurance offers various tax benefits including ones that you can take advantage of ...

Three-quarters of affluent clients said they haven’t discussed taxes with their financial professional, Rob Petzold, regional vice president with Kansas City Life, told members of an industry ...

Discover how mortgage life insurance can protect your home, its benefits for families, and essential considerations when choosing a policy to cover mortgage debts.

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 ...

Life insurance policy dividends are returns on premiums that a policyholder receives from the insurance company when it has surplus earnings. As a general rule, life insurance policy dividends are not ...

Section 80C deduction on premiums, tax-free 10(10D) death benefit, rider deductions. High coverage, low premiums for family ...

As a former claims handler and fraud investigator, Jason Metz has worked on a multitude of complex and multifaceted claims. The insurance industry can be seemingly opaque, and Jason enjoys breaking ...