Publisher's Synopsis
Excerpt from Background and Issues Relating to the Tax Treatment of Single Premium and Other Investment-Oriented Life Insurance: Scheduled for a Hearing Before the Subcommittee on Select Revenue Measures of the Committee on Ways and Means, on March 15, 1988
In a universal life policy, the investment element is value that accumulates at interest, which interest may above a minimum guaranteed rate to reflect market interest r As under a traditional Whole life insurance policy, the insur element of a universal life policy is the difference between the scribed death benefit and the cash value. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This 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.
