A life insurance death benefit is paid tax-free and there are tax-advantaged ways to access cash value Written By Written by Insurance Staff Writer, WSJ | Buy Side Kimberly Lankford is an insurance ...

Life insurance policies offer several tax benefits, including a tax-free death benefit. You can withdraw up to the amount you paid in premiums from a policy’s cash value without paying income taxes.

Life insurance can be a complex product, and it’s important to research the options thoroughly before purchasing. Some common threads among life insurance policies can give you the big picture of how ...