Life insurance can be a valuable tool for tax planning, as it can provide significant tax benefits for both the policyholder and the beneficiary. Here are some ways that life insurance can be used as a tax planning tool: Premium payments: Premium payments made on a life insurance policy are generally not tax-deductible, with the […]
The Complete Guide to Life Insurance Planning & How it Can Impact Your Future Plans
What is Life Insurance Planning and Why is it Important? Life insurance is a way to protect your family and loved ones from the financial consequences of your death. It is important for everyone to have a life insurance plan in place, but it’s especially important for people with dependants. Life insurance planning is the […]