Which of the Following Types of Exchanges of Insurance Contracts

question 12

Multiple Choice

Which of the following types of exchanges of insurance contracts qualify for nonrecognition treatment under § 1035?

• A)Exchange of life insurance contracts.
• B)Exchange of a life insurance contract for an endowment or annuity contract.
• C)Exchange of an endowment contract for an annuity contract.
• D)Only a.and b.
• E)a.,b.,and c.

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