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What Are The Possible Tax Advantages of Permanent Life Insurance?

Posted by admin on Feb 21, 2017 12:09:28 PM

 

One reason that people consider buying whole and universal life insurance policies is because they can take advantage of some possible ways to use these policies to reduce tax bills. This can include the tax bill of the people who might collect the proceeds from these policies later, and it can also include the tax bill of the policy owner while they are still alive.

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Topics: Retirement, life insurance, Tax advantages, permanent life insurance, tax bills

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