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	<title>New answer on: Is A Life Insurance Check Taxable?</title>

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		<title>By: Stan Cox II</title>

		<link>https://insurancelibrary.com/life-insurance/is-a-life-insurance-check-taxable</link>

		<dc:creator>Stan Cox II</dc:creator>

		<pubDate>Thu, 09 Jul 2015 21:58:36 +0000</pubDate>

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		<description><![CDATA[Whether a &quot;Life Insurance check&quot; is taxable depends on what kind of life insurance check it is. You didn&#039;t say if it was the death benefit proceeds, or if it was a cash withdrawal from the policy, or if it was a loan against the cash value of the policy. The payment of the death benefit to the beneficiary is NOT taxable. A check for a LOAN against the cash value is NOT taxable. However if you surrender the policy for the cash value or if you do a partial surrender for cash, if you receive more money than you have paid in, (cash basis of the policy), then the amount in excess of premiums paid in WILL be taxable as ordinary income.]]></description>

		

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		<title>By: Jim Winkler</title>

		<link>https://insurancelibrary.com/life-insurance/is-a-life-insurance-check-taxable</link>

		<dc:creator>Jim Winkler</dc:creator>

		<pubDate>Tue, 27 May 2014 05:07:09 +0000</pubDate>

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		<description><![CDATA[That is an excellent question! The very nice answer is that the money paid from a life insurance company to the beneficiary is not subject to State or Federal Income taxes. It is not counted as taxable income on your taxes. It is basically free money, and that is one of the main reasons that people buy policies. Thanks for asking!]]></description>

		

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		<title>By: Gary Lane</title>

		<link>https://insurancelibrary.com/life-insurance/is-a-life-insurance-check-taxable</link>

		<dc:creator>Gary Lane</dc:creator>

		<pubDate>Sat, 24 May 2014 21:09:21 +0000</pubDate>

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		<description><![CDATA[NO, NO AND NO! This is one of the major advantages of buying life insurance. The benefits paid are entirely tax free for virtually all insured in America. What better way to protect yourself, your family, and all those you love, than a tax free gift of life insurance money? Thank you. GARY LANE.]]></description>

		

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