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Are my life insurance premiums tax-deductible?

It depends! Here’s the scoop:

  • Personal policies: Generally, no. The good news is that your life insurance payout is tax-free.
  • Business policies: Deductions are sometimes possible, but the rules can get tricky. Let’s talk about your business situation and find the best approach.

Have a specific situation in mind? Let’s chat! We’re here to make insurance (and taxes!) less confusing.

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