Should you overpay your premiums, the IRS may perhaps classify your life insurance policy as a modified endowment deal, or MEC. Disclaimer: NerdWallet strives to keep its information and facts correct and current. This information can be various than what the thing is any time you pay a visit https://do-you-pay-taxes-on-life78888.ampblogs.com/About-life-insurance-policy-51036512