Sentences with phrase «context of policy loans»

While you're not taxed on other types of loans, this is important in the context of policy loans as you aren't actually required to pay the money back to the insurer.

While you're not taxed on other types of loans, this is important in the context of policy loans as you aren't actually required to pay the money back to the insurer.

Not exact matches

What I was saying regarding Diarra was in context: In January, with Flamini's future far from assured and the risk of him leaving in the summer, and with gilberto completely flat and devoid of confidence, perhaps an insurance policy of a loan deal to Pompey with a view to a permanent deal might not have been a bad idea.

When Priti Patel MP asked about the government's policy on future votes at the World Bank on loans to Argentina, she was told Britain would assess each project on its own merits and the context of each individual loan.

Now, before we start singing the praises of why life insurance policy loans are so fantastic, we need to bring in some context.

We will address these pros and cons within the context of this article but for brevity's sake, here are some pros and cons of life insurance policy loans within the context of a non-direct recognition mutual company.

But that is also a matter of context in which a large life insurance policy is purchased on a child, who, for example, if you know will go to college and will most probably borrow loans for education, a $ 200,000 policy does not sound high.

In this context, the reality is still that the life insurance policy loan itself has nothing directly to do with the taxation of the transaction.

So the good news here, in the context of your original question, is that dying with a life insurance policy with a loan does not create an income tax issue, because the loan is implicitly repaid from the tax - free death benefit of the insurance policy itself.