IPTM1011 - What is in IPTM
The manual covers
- taxation of benefits from
- life policies
- life annuities
- capital redemption policies
- purchased life annuities
- structured settlements
- sickness, disability and unemployment
insurance/permanent health insurance
- immediate needs annuities/long term care
- life assurance premiums paid.
Some of these terms are explained in following paragraphs.