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Provisions of ____________________ ( ? 84 ) stripped ____________________ coverage of a ____________________ tax ____________________ and sales ____________________ .
What are the ____________________ tax ____________________ of life insurance ? the death ____________________ is received tax - ____________________ , the cash value ____________________ on a tax - ____________________ basis , participating ____________________ are not taxable income .

Flexible premium , ____________________ - sensitive life insurance that separates the savings and the protection elements . The ____________________ / ____________________ varies by policy . UL is ____________________ when interest rates are ____________________ .

UL characteristics : ____________________ rate , ____________________ , ____________________ , two forms ____________________ , ____________________ , income tax ____________________ .

Joint life insurance : covers two people , pays on the ____________________ death . ____________________ - to - die life insurance : covers two people , pays on the ____________________ death . ____________________ ( home service ) life insurance : small ____________________ value ( $5 , 000 to $25 , 000 ) , expensive cash ____________________ policies , with the premium ____________________ at insured's ____________________ . No longer ____________________ given high ____________________ .

Group life insurance : a ____________________ employee ____________________ , over ____________________ is term life insurance ( low cost , no individual underwriting , limited amount , etc . )