If my clientâs policy matures prior to the insuredâs death, the policy will typically pay out its cash value. How will this sum be taxed? If the policy matures prior to an insuredâs death, it ceases to be life insurance and is treated as a taxable distribution. As such, the cash value will be taxed as ordinary income to the extent it exceeds the taxpayerâs basis into the policy (i.e., the sum of after-tax premiums) .
flush - a sudden rapid flow (as of water); he heard the flush of a toilet; there was a little gush of blood; she attacked him with an outpouring of words Synonyms: gush, outpouring 7.
Terms to know: Flush: Administering water into the feeding tube, usually with a syringe, to clear food, formula or medication, and to keep it from clogging. The amount of the flush is dependent on the length of the tube, but is usually between 10â20mL (about half an ounce) of water.