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.
This tax position â that commissions received upon purchasing personal life insurance policies are considered to be tax-exempt â is widely relied upon in the insurance industry and is based on Interpretation Bulletin IT-470R, originally issued by the CRA on April 8, 1988, and revised some 11 years later in August 1999.