Solved: I pay quarterly payments for a hospital indemnity policy to a life insurance company. Are these payments deductible?

I pay quarterly payments for a hospital indemnity policy to a life insurance company. Are these payments deductible?

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No. These payments are considered as life insurance premiums and are not deductible.

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No. These payments are considered as life insurance premiums and are not deductible.

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**Mark the post that answers your question by clicking on "Mark as Best Answer"

I pay quarterly payments for a hospital indemnity policy to a life insurance company. Are these payments deductible?