All cash value growth within a life insurance policy is tax deferred, making this more and more advantageous as people pay higher income tax rates. (lifeant.com)
It is far more common for the tax math to favor buying a home, even if that home happens to be in a state with higher income tax rates. (smartasset.com)
They're also of benefit to investors in states with high income tax rates. (gobankingrates.com)