Program Requirements: 1  Must be at least 18 years of age. 2  Must have a high school diploma or a graduate equivalency diploma (G.E.D.) 3  Must provide proof of Level II criminal background screening prior to enrollment.  Must provide proof of current 1  immunizations. Must provide proof of annual tuberculin skin test  (PPD)
Life insurance policy premiums do not typically qualify as eligible income tax deductions. However, in certain situations involving employee benefits and other corporate arrangements, some of the premiums paid may be tax deductible.
Oftentimes the proceeds from the insurance policy may accrue interest between the date of death and the actual date of remittanceâand that is taxable income. You will likely receive a Form 1099-INT from the insurance company at year end, make sure you include this amount on your income tax return.