Insurance Policy Form 712. Irs form generally, in order to determine the fair market value of a life insurance policy, an owner will request an irs form 712 from the insurance company. Top 13mm (1⁄ 2 ”), center sides.
Irs form 712 is a statement that provides the life insurance value of your life insurance proceeds to the irs. When the decedent’s estate is taxable, it will be important to request an irs form 712 from the life insurance company when making the claim on the policy. 216mm (81⁄ 2) x 279mm (11) perforate: