This is because the sale of the life insurance policy, under these circumstances, is treated as, in part, the sale of
a pure insurance asset (resulting in ordinary income), and as, in part, the sale of an investment asset (resulting in capital gain).
Not exact matches
The government spending that Mr. Bernanke has endorsed is
pure bailouts to the banks,
insurance companies, real estate packagers and other Wall Street institutions so that they can support
asset prices and thereby save the economy's financial balance sheet, not its employment and living standards.
The Audi
Pure Protection Program includes a portfolio of coverage options in conjunction with or above the manufacturer's limited warranty for your Audi vehicle: Certified pre-owned Service Contract Plan Term Care Select Service Guaranteed
Asset Protection (GAP) Plan Lease Excess Wear Protection Audi Financial Services also offers these vehicle protection programs: Audi Appearance Guard Audi Prestige
Insurance
Also known as
asset based long - term care
insurance, you can choose life
insurance mixed with long - term care
insurance as an alternative to traditional
pure long - term care
insurance.
The following best long - term care companies offer either
pure long term care
insurance or hybrid
asset based long - term care
insurance.
This interest is actually a dividend from the life
insurance company's yearly profits, and the growth rate is generally low compared to other investments because life
insurance companies have additional expenses (like policy administration expenses and underwriting costs) that a
pure asset manager does not.
The following best long - term care companies offer either
pure long term care
insurance or hybrid
asset based long - term care
insurance.
Based on the nature of the product, whole life
insurance plans can also serve as a mode of savings for retirement or
asset creation or even work as a
pure protection plan.