e/Life insurance tax shelter

Information
has gloss	eng: A life insurance tax shelter uses investments in life insurance to protect income or assets from tax liabilities. Life insurance proceeds are not taxable in many jurisdictions. Since most other forms of income are taxable (such as capital gains, dividends and interest income), consumers are often advised to purchase life insurance policies to either offset future tax liabilities, or to shelter the growth of their investments from taxation.
lexicalization	eng: Life insurance tax shelter
instance of	(noun) insurance paid to named beneficiaries when the insured person dies; "in England they call life insurance life assurance" life assurance, life insurance