What are the tax implications of surrendering a life insurance policy?

COMBINATION LIFE INSURANCE AGENT. (a) In this section, a "combination company" means an insurer that writes weekly premium life insurance or monthly ordinary ... ... life insurance policies exempted under §3.4503(1) of this title. §3.9106. Gender-Blended Tables. (a) For any ordinary life insurance policy delivered or ... ... ordinary life insurance, incorporated in the. 1980 NAIC Amendments to the Model Standard Valuation Law and Standard Nonforfeiture Law for Life. Insurance, and ... LOOK FOR POLICIES WITH LOW COST INDEX NUMBERS. What is Cost? "Cost" is the difference between what you pay and what you get back. If you pay a premium for life ... ... life policy purchased for the insured. Monthly Debit Ordinary - This type of policy is marketed by an agent at your home. The agent collects the monthly ... The fact remains that an ordinary life insurance policy with a right reserved to make a change of beneficiary is the property of the insured since it was he ... Whole Life Insurance. Whole life or ordinary life insurance is a type of permanent life insurance. It provides coverage for the life of the insured and can ... ... ordinary death benefit. Up to $50,000 of this benefit is paid in the form of group term life insurance, which is exempt from federal income tax. Your ... According to their 2010 annual statement filed with the Department, Monumental Life. Insurance Company reported direct premium in Delaware for ordinary life ... MD Code, Insurance, § 16-206. § 16-206. Dividends. Currentness. In general. (a)(1) Each participating ordinary life insurance policy shall contain a provision ...