8791 / Is the value of employer-provided coverage under accident or health insurance taxable income to an employee when the coverage is provided for the employee’s spouse, children or dependents?

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Life insurance policies typically have ongoing, regular premium payments. Single premium life insurance policies are specifically designed to be funded by one single premium payment. For example ...

In 2023, the average pre-need coverage amount purchased was $5,352 for single premium policies and $6,356 for multi-pay policies, according to LIMRA. 52% of consumers say they own life insurance ...

The industry showed a 2 per cent growth in new business premium in the previous financial year ended March 2024.

Annualized life insurance premium increased 3% in 2024 to $15.9 billion, according to LIMRA’s retail life insurance sales survey results, setting a record for the fourth consecutive year.