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Are Dividends on a Life Insurance Policy Taxable? Generally, dividends on a life insurance policy are not considered taxable income by the IRS. This is often because they are viewed as a return of ...
Life insurance is a contract between you and an insurance company. You pay premiums to keep the policy active, and in return, the company pays a sum of money, known as the life insurance death benefit ...
It was a good year for life insurance sales. But problems with indexed universal life overshadowed some of that good news.
Life insurance new annualized premium increased 16% year over year to $4.3 billion in the third quarter, according to LIMRA’s preliminary individual life insurance sales results, which represent 80% ...