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jenn purchases a life insurance policy and pays the $40,000 in premiums when she dies, the beneficiary collectsthe insurane proceeds of $100,000 are the insurance

jenn purchases a life insurance policy and pays the $40,000 in premiums when she dies, the beneficiary collectsthe insurane proceeds of $100,000 are the insurance proceeds an premium payments exempting orinclued in the beneficiary's federal tax explain briefly?

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