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Mar 9, 2007 . Life insurance has exceptional income tax characteristics. Here are three situations where the tax advantages can benefit you. . 20-year level term insurance and either a maximum-blended whole or universal life $1 . The $5 million universal life policy is underfunded and their original target premiums of .
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Permanent Life Insurance - Whole Life Insurance
All types of permanent life insurance have a cash value component that is . Unlike whole life insurance, universal life insurance has a minimum and maximum premium. . bonds, mutual funds, and commodities you want to invest your premiums in. . Tax advantages allow policyholders to keep the full amount of their .
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