Is Life Insurance Taxable?

If you're shopping for life insurance you may be wondering if life insurance proceeds are taxable?

Actually, if you name an individual as a beneficiary to your life insurance policy, that person would receive the proceeds from your lfie insurance policy free from any federal income tax.

One of the best types of life insurance to consider is term life insurance because it provides the most life insurance at the lowest price for up to 30 years.

Learn more about Life Insurance Tax and how they apply to your life insurance policy.