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.
Flush: A flush beats a straight. A flush is any five cards all of the same suit (i.e., all diamonds or all spades, etc.). If two of more players share a flush then the player with the highest card (all the way to the fifth card if necessary) in the flush wins. Full House: A full house beats a flush.