Tax Treatment of Single Premium and Other Investment-Oriented Life Insurance

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Excerpt from Tax Treatment of Single Premium and Other Investment-Oriented Life Insurance: Scheduled for a Hearing Before the Subcommittee on Taxation and Debt Management of the Committee on Finance on March 25, 1988The distinguishing feature of a variable life insurance policy that the cash value of the policy effectively is invested in shares a mutual fund. The cash value reflects the value of assets at t time the cash value is computed. In variable life insurance the death benefit typically will vary with the value of the under ing investment account. A variable life insurance contract can structured as a Single premium contract or any other form whole life insurance contract.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.