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#32 7 Reasons Why Tax Laws Won't Change for Life Insurance
Rebel Rock Money Talk
English - October 18, 2021 10:00 - 14 minutes - 14 MB - ★★★★★ - 5 ratingsInvesting Business generational wealth infinite banking alternative investing business finance personal finance wealth building financial independence real estate investing life insurance cash flow Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
The living benefits of permanent life insurance are often discussed and sometimes the primary purpose of life insurance is forgotten. Premiums are paid for the primary purpose of replacing the income from a loss of life. When beneficiaries receive the death benefit, they do not pay income taxes on it because it is not income. It is for the replacement of income due to the loss of life. This will not change. I share 6 other reasons why I don't believe income tax law changes will be made on life insurance any time soon.
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