See the tax advantages and downsides.

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

Life insurance is designed to provide financial protection, but life happens, and your needs might shift. If you have a permanent policy, it could have built-up cash value, giving you the option to ...

Life insurance policies are financial contracts between an individual and an insurance company. These policies provide a death benefit, a predetermined amount of money, to the beneficiaries upon the ...

If your financial situation changes or you urgently need money, you might consider cashing out your life insurance policy. This means ending the policy before it matures. Instead of the full payout ...

Cash value life insurance is a type of permanent life insurance that uses your monthly premiums to build value within the policy. Cash value life insurance combines the benefits of life insurance with ...

Transfers of property after June 30, 1969 in connection with the performance of services are governed by IRC Section 83. For transfers before February 13, 2004, Treasury Regulation Section 1.83-3(e) ...

Life insurance for the affluent offers tax-free inheritance, investment growth, and wealth protection. Discover these ...

Cash value life insurance combines lifelong coverage with a savings component. The savings accumulate over time and can be accessed through loans or withdrawals. Premiums for cash value life insurance ...