French Kiss To dream of sharing a French kiss often means the dreamer will realize something important that can help them to achieve success in real life.It can also mean that someone you know is not telling you the whole truth.To see others French kissing in your dream, suggests that you areâ¦.
Life insurance proceeds paid to you because of the death of the insured person are not taxable unless the policy was turned over to you for a price. This is true even if the proceeds were paid under an accident or health insurance policy or an endowment contract.he face amount of the policy is $75,000 and, as beneficiary, you choose to receive 120 monthly installments of $1,000 each. The excluded part of each installment is $625 ($75,000 Ã· 120), or $7,500 for an entire year. The rest of each payment, $375 a month (or $4,500 for an entire year), is interest income to you.
Co-Founder, TermInsuranceBrokers.com, Goldenzweig Financial Group, Haymarket, Virginia. Life insurance proceeds are income-tax free and are therefore the insurance company does not send you a 1099 for the monies.This is one of the big attractions for people to buy life insurance policies.nder current rules, life insurance proceeds are not taxable. Therefore, life insurance companies do not issue 1099's. There is no need to do so. They are not reportable income to the IRS. This is one substantial advantage of life insurance, over other places to put your money. Thank you.