Is the Cash Surrender Value of Life Insurance Taxable?
Insurance Pro Blog - Sep 12, 2019
The taxability of life insurance cash surrender value causes much confusion. Agents often extol the tax free nature of life insurance. But the marketing brochures often have numerous footnotes on the tax subject. So is your the cash surrender value of life insurance taxable? The answer is yes. The answer is also no. The truth […] The post Is the Cash Surrender Value of Life Insurance Taxable? appeared first on The Insurance Pro Blog.
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