What is meant by term life insurance?
A couple of different life insurance terms can be confusing: Whole life insurance Term life insurance Term life insurance is bought for a specific length of time, which depends on your age. For example, you
Is amount received from Critical Insurance taxable?
This depends on whether the insurance policy is standalone, or part of a benefits package. It is difficult to say for sure whether critical insurance pay-outs from benefits packages are taxable because some benefits packages