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What happens if a life insurance policy fails to meet the federal definition of life insurance?

loss of tax treatment


Is there a such life insurance company as federal life insurance company?

There is an insurance company called Federal Life Insurance Company.


What is IDBI Federal Life Insurance's population?

The population of IDBI Federal Life Insurance is 7,500.


What is the population of IDBI Federal Life Insurance?

The population of IDBI Federal Life Insurance is 1,000.


When was IDBI Federal Life Insurance created?

IDBI Federal Life Insurance was created in 2008-03.


Are life insurance benefits subject to federal income tax?

No. Life Insurance proceeds to beneficiaries are not taxable.


Where is the Federal Union life insurance company?

Federal Union was originally formed in Arizona in 1959. It merged with Old Reliance Life Insurance Company in 1983.


Where can one find an accurate definition of term life insurance?

Term life insurance is a unique form of life insurance in which the policy holder makes payments and receives coverage for a fixed amount of time, or the term of coverage. Definitions of the term can be found at sites such as Investopedia and Matrix Direct.


Where is peoples -Home life insurance company of Indiana?

In 1978 Peoples Home Life Insurance Company of Indiana's name changed to Federal Home Life Insurance Company. On January 1, 2007 Federal Home Life Insurance Company merged into Genworth Life and Annuity Insurance Company, which is domiciled or located in Richmond, Virginia.


What is the basic insurance premium for members of FEGLI the Federal Employees' Group Life insurance Program?

The basic insurance premium for the members of FEGLI, the Federal Employees' Group Life Insurance Program is 3%, which can be higher or lower depending on your health.


What has the author A J Stagliano written?

A. J. Stagliano has written: 'Incidence of the Insurance Company Federal Income Tax' 'The incidence of the life insurance company Federal income tax' -- subject(s): Life Insurance, Taxation


What is a term life definition?

The definition of term life is life insurance that provides coverage for a fixed period of time in your life. If you pass away during the term, your beneficiary will be granted with your life insurance amount based on your specific policy.

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