Benoit was a sales manager for a large electronics manufacturer He purchased a $250,000 universal life policy in 2001 with a mirinum premium of $1,800 per year. In 2012, he was promoted to Vice-President of International Sales with a substantial increase in income, a portion of which was put towards increasing the payments on his universal life policy. The cash surrender value of his policy in 2012 was $5,800, whereas by the end of 2015 it had reached $21,500, an increase. of 371%. What tax rule relating to life insurance is broken by this situation? T