Investment Uses of Life Insurance: Hearing Before the Subcommittee on Select Revenue Measures of the Committee on Ways and Means, House of Representatives, One Hundredth Congress, Second Session, March 15, 1988, Volume 4 |
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A.M. Best abuse advertisements amount-paid-in annual premium approach believe billion borrow cash value Chairman RANGEL Committee Congress consumer cost current law death benefit deferred annuity definition dollars EA EA earnings FLIPPO fund guaranteed hearing income tax individuals inside buildup insurance company insurance contracts insurance industry insurance policies insurance protection insured's interest credited interest rate investment income investment orientation investment-oriented KENNELLY legislation level premium limit long-term mortality charges NALU proposal penalty percent permanent life insurance policy loans policy owner policyholder policyowner premium life insurance premium payments problem purchase require savings account SCHWEIKER SELECT REVENUE MEASURES single premium contracts single premium policies sold SPLI Stark statement STATHIS SUBCOMMITTEE ON SELECT surrender tax benefits tax policy tax rules tax shelter tax treatment tax-free taxable taxation term insurance term life insurance Thank traditional Treasury Underwriters value life insurance whole life insurance whole life policies withdrawals