Vanessa A
Expert Alumni

Deductions & credits

Please note, that the deductibility of the cancer policy depends on the type of cancer policy. 

 

If the policy is an AFLAC type policy that provides for supplemental or guaranteed income, this is NOT deductible.

 

If the policy is an additional medical insurance policy or a rider to a policy that covers the cost of medical treatment then this IS deductible. 

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