Which of these is considered a major tax advantage of life insurance?

Which of these is considered a major tax advantage of life insurance? 

a) Tax credits are available for life insurance premiums paid
b) Annual earnings are tax free
c) Premiums are tax deductible by an employee if paid for by an employer
d) Income tax is typically not owed on proceeds paid directly to a beneficiary


Answer: d) Income tax is typically not owed on proceeds paid directly to a beneficiary