NAIFA prepares to defend life insurance's tax treatment

03/6/2013 | InsuranceNewsNet

The tax-advantaged status of life insurance products faces a serious challenge as the demand for a tax overhaul rises, industry experts say. NAIFA aims to show Congress how life insurance can generate savings and protection for middle-market Americans. People who lack that protection could "end up running through limited savings that they have and relying on government programs," NAIFA's Diane Boyle says. "We know now that the government programs are strained, so we want people that are able to take responsibility for themselves to take that planning step.”

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