Philip took out a qualifying onshore endowment policy for 20 years which he made paidup in year 9. This means that he ma

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Philip took out a qualifying onshore endowment policy for 20 years which he made paidup in year 9. This means that he ma

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Philip took out a qualifying onshore endowment policy for 20 years which he made paidup in year 9. This means that he may become personally liable to tax on the policy proceeds:

A. At maturity
B. If he makes a partial surrender
C. If he assigns the policy to his wife
D. On settlement of a critical illness claim
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