Why did I receive a Form 1099 from Pacific Guardian Life Insurance Co., Ltd. (PGL) or Pacific Guardian Insurance Services, LLC (PGIS)?
PGL and PGIS (a wholly-owned subsidiary of PGL) will send you a Form 1099 if you received interest on death benefits under an Individual Life or a Group Life insurance policy issued by PGL. We will also send you a Form 1099 if you have a cash value policy and experienced a taxable event, such as a gain on a policy surrender/partial withdrawal or a policy loan under certain circumstances.
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