Accelerated benefits provided by a life insurance policy that may provide benefits to pay for long-term care services

Accelerated benefits provided by a life insurance policy that may provide benefits to pay for long-term care services



A) are received tax free like all other life insurance proceeds

B) could be taxable in some circumstances

C) are paid only from policy dividends

D) when paid, have no effect on the death benefit



Answer: B) could be taxable in some circumstances

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