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The Income-Tax Treatment of Life Insurance
NAIFA Advisor Today Link to more items from this source
July 6, 2007
Excerpt: Historically, life insurance has been considered beneficial to the public good because it contributes to the financial well-being of families. As a result, there are certain tax benefits for life insurance products. It is important to kow how these come into play with the death proceeds and living benefits of an individual life insurance contract.

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