Banks and Life Insurance – Similar Products / Activities

Banks and Life Insurance – Similar Products / Activities

• Cash value life insurance can operate as an investment vehicle that combines life insurance protection with a financial instrument that operates similarly to bank certificates of deposit and mutual fund investments.

2010 – Senate / CRS – Tax Expenditures: Compendium of Background Material on Individual Provisions – Committee On The Budget United States Senate, Prepared by the Congressional Research Committee – 1002p