Can someone please tell me what does the question 7 under I 134 form "With Cash surrender value of" indicate, can we leave it blank?
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That refers to the 'whole life insurance' or 'universal life insurance' that builds up cash value over the time. In other words, you can cash out money from those insurance plans.
Read http://www.domesticinsuranceusa.com/...-buyers-guide/ for more details.Thanks & Regards
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