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	<title>New answer on: Is Critical Illness Insurance Tax Deductible?</title>

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		<title>By: Peggy Mace</title>

		<link>https://insurancelibrary.com/critical-illness-insurance/is-critical-illness-insurance-tax-deductible</link>

		<dc:creator>Peggy Mace</dc:creator>

		<pubDate>Sat, 31 Aug 2013 18:33:38 +0000</pubDate>

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		<description><![CDATA[No, Critical Illness Insurance is not considered a medical expense and is not tax deductible. Like Disability Insurance, premiums that are paid with taxed income will provide a benefit that is does not incur income tax, if a benefit is collected due to contracting one of the policy&#039;s listed critical illnesses.]]></description>

		

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		<title>By: David Racich</title>

		<link>https://insurancelibrary.com/critical-illness-insurance/is-critical-illness-insurance-tax-deductible</link>

		<dc:creator>David Racich</dc:creator>

		<pubDate>Wed, 29 May 2013 02:58:24 +0000</pubDate>

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		<description><![CDATA[Generally Critical Illness Insurance is not tax deductible? Premiums paid under a stand-alone critical illness policy are capital outlays and not an expense incurred by a taxpayer for the purpose of gaining or producing income from a business or property. If you’re young enough for disability insurance and you have a business scenario for the deduction, you may be able to accomplish some of your goals.
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