Business Law & Regulations, Workplace Safety & Health
April 7, 2022
Via: InvestopediaAn insurance premium is the amount of money an individual or business pays for an insurance policy. Insurance premiums are paid for policies that cover healthcare, auto, home, and life insurance. Once earned, the premium is income for the insurance […]
Tax Code, Regulations and Guidance
June 6, 2018
Via: InvestopediaOne of the key benefits of any kind of life insurance is the tax-free death benefit. However, some speculators began to transfer life insurance policies between parties to reap large tax-free windfalls. To discourage this, Congress declared any life insurance […]