Insurance: Is the income accumulating within a life insurance policy truly exempt?

For example, is the income earned within a Universal Life policy not subject to accrual taxation? If we based our answer on what we read in newspapers and in marketing brochures from insurers and firms, the answer is quite obvious.  Insurance is exempt from accrual taxation…

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  1. Jason Watt CD CLU RHU
    CFP and CLU Instructor

    Looks like we’re in for some mind-blowing stuff here, Richard. I linked to your Blog post from my various social media accounts. I am looking forward to what follows.

  2. Sean Long fantastic article,i am looking forward to this very informative series of articles…it will rock the world of many agents….whom were …

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