Home / Expert Answers / Finance / if-a-permanent-life-insurance-policys-premium-payments-exceed-a-certain-level-during-the-first-se-pa160

(Solved): If a permanent life insurance policys premium payments exceed a certain level during the first se ...



If a permanent life insurance policy’s premium payments exceed a certain level during the first seven years after issue (i.e., fails the seven-pay test), the Internal Revenue Service will consider the policy to be a _____.



We have an Answer from Expert

View Expert Answer

Expert Answer


We have an Answer from Expert

Buy This Answer $5

Place Order

We Provide Services Across The Globe