How are premiums paid by the insured for personally owned disability income insurance treated for tax purposes?

How are premiums paid by the insured for personally owned disability income insurance treated for tax purposes?


A) partially tax deductible
B) not tax deductible
C) fully tax deductible
D) tax deferred


Answer: B) not tax deductible

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You are riding in Sarah's car when she fails to yield and causes an accident. Which of the following coverages would NOT pay for your injuries?

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