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.
to clean something using a lot of water Flush the pipes out with clean water. Synonyms and related words. To wash something clean:wash, flush out, scrub... Explore Thesaurus. a. to remove something by pouring a lot of water through the place where it is Use plain water to flush out the debris. flush something out of something: Drinking plenty of water helps to flush harmful substances out of your body. Synonyms and related words.