In most cases, the death benefit of a life insurance policy is income tax-free for the beneficiary.

Authors

• Person: Not available Organization: U.S. Bank
  Why is insurance important in financial planning? | U.S. Bank

Sources

• Why is insurance important in financial planning? | U.S. Bank www.usbank.com U.S. Bank via serper

Referenced by nodes (2)

• death benefit concept
• life insurance policy concept