BENEFITS OF BUYING INSURANCE: There are tax advantages of l | Life Tactics™
BENEFITS OF BUYING INSURANCE:
There are tax advantages of life insurance, because death benefit payouts are generally tax free; and some policies have features that can help transfer money to heirs with fewer tax liabilities.
Some policies have a cash value that accumulates over time and can be used to pay premiums later, or even tapped into to help live on in retirement.
Life insurance can often be bundled with other types of protection, such as disability insurance to replace a portion of your salary if you’re unable to work.
Many policies have valuable “riders” or contractual provisions that provide benefits before death.
One of the most important areas we can develop as professionals is competence in accessing and sharing knowledge. For Cross Promotions :- DM @Khushii_21ii...
