Which of the following applies to the income tax or estate tax treatment of life insurance policy proceeds?

Select one:

a. benefits received under a periodic settlement option are partially subject to income tax.

b. death proceeds are includible in the gross estate of the decedent if the decedent was the insured regardless of ownership.

c. payments under a cash out settlement option are partially subject to income tax.

d. for a personally owned life insurance policy premiums are deductible if made as part of a court ordered child or spousal support plan (QDRO).