Private placement life insurance
id:
private-placement-life-insurance-307-17592582
title:
Private placement life insurance
text:
Private placement life insurance is a form of cash value universal life insurance that is offered privately, rather than through a public offering. It is typically only available to wealthy clients. A 2024 US Senate report alleged that the insurance mechanism in practice functions as a tool for tax avoidance, specifically for inheritance taxes, and was at the time being used to shelter up to $40 billion.
brand slug:
wiki
category slug:
encyclopedia
description:
Form of cash value universal life insurance
original url:
https://en.wikipedia.org/wiki/Private_placement_life_insurance
date created:
date modified:
2024-03-07T06:43:19Z
main entity:
{"identifier":"Q7246231","url":"https://www.wikidata.org/entity/Q7246231"}
image:
fields total:
13
integrity:
14