What is the Tax-Treatment offered under Key-Man Insurance? – McqOptions

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1.	What is the Tax-Treatment offered under Key-Man Insurance?
A.	Policy-Returns are Tax- Exempt.
B.	Premiums are Treated as Business-Expense, and are Tax-Exempt.
C.	Premiums are Taxable.
D.	Policy-Returns are Heavily Taxable
Answer» C. Premiums are Taxable.

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