When cash value is withdrawn from a life insurance policy it is always tax free.
Correct Answer:
Verified
Q21: All types of life insurance offer a
Q30: If a named beneficiary does not survive
Q31: One should typically name both primary and
Q38: Generally,the period-certain settlement option is desirable because
Q39: Because premiums get higher as you age,it
Q40: Credit life insurance is often a legal
Q42: Life insurance death benefits are not subject
Q43: With traditional whole life policies sold by
Q43: Life insurance designed to pay the balance
Q52: The face value on a whole life
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents