One of the most valuable features of life insurance is that the beneficiary receives the death benefit income-tax free.
Taking out a loan against your life insurance policy does not count as taxable income. Learn how a taxable event occurs if ...
If you’re reading this post, you survived the Thanksgiving holiday – hopefully, without much family drama.[i] Then again, there may have been moments, inspired by an overload of obligatory ...
Understanding LIC Surrender Value: A Complete Insurance Guide: By Harman Singh Understanding the LIC surrender value is essential for anyone holding a life insurance policy. The surrender value is the ...