Welcome to the Intuit World of Zombie Posts.  Once there was a time when something posted last week could not be found with a Search.  Now you can probably read comments about what happens when the 16th Amendment goes into effect.  

@IRonMaN gets half credit for his comment.  What someone should have said years ago, was "Life insurance companies sell annuities.  Annuity distributions are either partially taxable (if the buyer had some basis in the contract) or fully taxable (if it was an annuity inside an IRA, which usually doesn't make sense but happens a lot anyway because that's where the commissions are).