Are losses on the excess of premiums paid over the amount of the total cash value amount of a whole life insurance policy deductible for income tax purposes

Answers:2   |   LastUpdateAt:2018-09-04 23:13:03  

Question
Chilton
Asked at 2012-03-12 20:36:50
Are the losses in excess of premiums paid by the amount of the cash the total value of a life insurance policy deductible for tax purposes on income
Answer1RitaAnswered at 2012-04-30 05:15:09
No.
Answer2business ideologyAnswered at 2018-09-04 23:13:03

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