
Insurance [6/7 Series]
The WealthAbility Show with Tom Wheelwright, CPA
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The Importance of Life Insurance
Life insurance proceeds are not subject to income tax. That would be true whether it's paid out from a whole life policy, a criminal life policy or a term life policy. And that cash value that grows inside is that just really safe investment. Tell me why is the government so the US government? Because you said not all governments, although I do charts and tables on this in chapter six, or chapter seven in my book.
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