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Term life insurance has no investment element and no cash surrender value. As a result, a term policy represents pure insurance protection. What are the
Term life insurance has no investment element and no cash surrender value. As a result, a term policy represents pure insurance protection. What are the tax consequences when the owner lets a term policy lapse by discontinuing premium payments?
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College Accounting A Practical Approach 1-15
Authors: Jeffrey Slater
4th Edition
013142050X, 978-0131420502
