Can I get disability insurance if I’m self-employed? Life Insurance for the Self-Employed I receive disability insurance payments. Are they taxable? Why purchase life insurance? Group Disability Insurance Business Use of Life Insurance: Corporate-Owned Life Insurance Ten Ways to Lower the Cost of Disability Income Insurance Taxation of Life Insurance Dividends Disability Insurance as an Employee Benefit The death benefit from insurance on my life will be paid to an irrevocable life insurance trust (ILIT). What if those funds are needed to pay my estate taxes?