Your DNA Test Preparing for the unexpected can make all the difference if your family relies on your income. Share | Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content The Other Sure Thing Though we don’t like to think about it, all of us will make an exit sometime. Are you prepared? When Life Insurance Becomes Taxable Life insurance proceeds are generally tax-free. But not in all cases. Protecting Those Who Matter Most The importance of life insurance, how it works, and how much coverage you need.