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are basic life insurance benefits taxable or is it just the interest rec'd

casey1077
Level 1
 
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4 Replies 4
itonewbie
Level 15

What benefit?  Death benefit?  Surrender value on whole life?

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casey1077
Level 1

client was left as beneficiaryfrommuncle basic life insurance plus interest

 

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itonewbie
Level 15

@casey1077 But you still haven't answered our questions.

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qbteachmt
Level 15

What is "basic?" Whole, term, universal?

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