0
Life insurance death benefit proceeds are generally not subject to income taxation, provided they are paid in a lump sum; however, there a few exceptions to this rule. For more information: See your tax preparer.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
What is IUL life insurance?
IUL stands for Indexed Universal Life Insurance. Indexed means it follows the S&P 500 or another stock market index. Universal life is a type of insurance. It does not carry as many guarantees as whole life, but has its place.
What does 'p and l' mean in the insurance context?
Property and liability (P & L) insurance
Who bought the farmers and bankers life insurance company?
Try American National Insurance Company, P. O. Box 696840, San Antonio, TX 78269
Who bought Farmers and Bankers Life Insurance Company?
Try American National Insurance Company, P. O. Box 696840, San Antonio, TX 78269
What are the Ratings of Aviva Life and Annuity Company?
The ratings of Aviva Life Insurance are A rated by A.M. Best AA- rated by S&P More info on Aviva see attached link
Why did the British impose new taxes on the colonie?
British imposed new taxes in order to pay their debt. :P
What conclusion can you draw from the following two statements If you have a job then you have an income If you have an income then you must pay taxes?
If you have a job, then you must pay taxes. The classic p and q relationship.
What insurance companies begin with letter p?
Pacific Life, Penn Mutual and Prudential are insurance companies. They begin with the letter p.
Does Geico offer life insurance?
No, they are strictly a P&C company.
What is a p and c producer?
Property and Casualty Salesperson. Every insurance line but employee benefits (health insurance) and life insurance.
What is IUL life insurance?
IUL stands for Indexed Universal Life Insurance. Indexed means it follows the S&P 500 or another stock market index. Universal life is a type of insurance. It does not carry as many guarantees as whole life, but has its place.
What is a G P O option on a life insurance policy?
A GPO or guaranteed purchase option is a type of inflation protection that lets you pay for an increase in your benefit amount. It one of the factor that also affects long-term care insurance rate. It is usually offered by your insurance agent every two to three years and you can either accept it or forego it
What does 'p and l' mean in the insurance context?
Property and liability (P & L) insurance
Who bought the farmers and bankers life insurance company?
Try American National Insurance Company, P. O. Box 696840, San Antonio, TX 78269
Who bought Farmers and Bankers Life Insurance Company?
Try American National Insurance Company, P. O. Box 696840, San Antonio, TX 78269
How can you find out the Insurance Company that your deceased mom had her life insurance with at the time of her death?
I would suggest talk to her existing P&C agents, investment advisors and employers. One of the agents may have written her a life policy.
Do Advertisers make use of product placement when advertising tobacco?
so basically products were sent from china her and our taxes are so high because of what were using from china so we have to pay (taxes) for things we have to make other things with=p ANSWER false
