car and house hold insurance

Question

1) Is car and house hold insurance permisable? what should one do with payouts recieved from them?
2) are life polisies permisable? what should one do with payouts recieved from them? can it be used to offset taxes, land transfer fees, interest charges?

zd · Answer

1) Permissible, Makrooh - use your input - distribute rest.
2) Not permissible - Yes.