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	<title>New answer on: What Is 1035 Exchange In Life Insurance?</title>

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		<title>By: Ronald Hinch</title>

		<link>https://insurancelibrary.com/life-insurance/what-is-1035-exchange-in-life-insurance</link>

		<dc:creator>Ronald Hinch</dc:creator>

		<pubDate>Wed, 16 Oct 2013 12:56:38 +0000</pubDate>

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		<description><![CDATA[A 1035 exchange allows the cash values of an existing policy to be transferred to another life insurance policy or annuity to allow the funds to continue to grow when a policy is replaced by another policy.  These are most effective when replacing whole life or permanent policies with a term policy with a much higher face amount.]]></description>

		

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		<title>By: Christopher Lawrence</title>

		<link>https://insurancelibrary.com/life-insurance/what-is-1035-exchange-in-life-insurance</link>

		<dc:creator>Christopher Lawrence</dc:creator>

		<pubDate>Thu, 10 Oct 2013 18:14:06 +0000</pubDate>

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		<description><![CDATA[Section 1035 exchange is a class of financial transaction in which a life insurance or annuity policy is replaced for a new one without any taxable event. There are several classes of exchanges under Section 1035 of the Internal Revenue Code. Section 1030 group of exchanges is a series of tax codes that applies to the tax free situations. Some basic requirements include provisions such as the new policy must be owned by the same individual as the old policy and the new policy must have the same or greater face value.]]></description>

		

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