What Is A Tax Efficient Life Insurance Plan? 
Assuming the question is addressing life insurance as a supplemental retirement income plan , here is a tax efficient model to reference . The permanent life insurance policy must be issued as a non-modified endowment policy . The TAMRA compliant death benefit should be the lowest amount . The TAMRA compliant non modified endowment policy can generate tax free distributions comprised of withdrawals to basis and policy loans of gain as long as the contract is kept in force for the life of the insured . 