Deduction for Waiver of Premium Contributions-Rev. Rul. 2004-20

[Guest Ernie Guerriero]

Is disability wavier part of the normal cost if it is within the incidental benefit rules as part of the life insurance contract and therefore deductible?

My opinion is yes, it is deductible if it is within the limits, however I'm also getting conflicting arguments stating that it is not part of the normal cost and not deductible.

Your thoughts and insight would be appreciated.