One-third of consumers unaware of life insurance tax benefits, says study
March 18, 2024 by Rayne Morgan
Nearly a third of Americans do not realize that they can save on taxes through life insurance, according to a new study by Assurance IQ. Experts suggest this can be a missed opportunity to save money, especially at a time when most consumers are looking to save.
“Many Americans are stretched thin financially, which makes financial and insurance literacy critical,” Tim Hoolihan, life insurance sales manager at Assurance IQ.
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Originally Posted at InsuranceNewsNet on March 14, 2024 by Rayne Morgan.
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