1. A detailed statement from them as to the total amount of premiums paid to them.
You should have a detailed statement any way - but you may ask if something is not clear.
2. The total amount of dividends paid to me. and
Not just paid - but constructively paid - means - credited to your account.
3. The total amount of interest paid on the loan as well as the total amounts paid back on the loan and when it was paid back.
That is irrelevant because you may not deduct the interest for a personal loan.
4. The disbursed figure that they wrote on the 1099 is really the total of two things. What was left on our loan balance and what was actually sent to me.
What I don't understand is why they wrote it down as taxable income on the 1099 when they knew it was originally sent in as premiums to them. They know perfectly well what is dividends and thereby taxable. There are columns on the 1099 where they could list the dividends.
These are perfect question you need to direct to the administrator of your account. I ma sure there are reasons for such treatment - the administrator should provide you with perfect details.
Please be aware that the amount of taxes that they withheld and remitted to the IRS is also included into your total distribution.
Is there ever a life insurance policy that they put down it was a sep or simple IRA??
That is not IRA - as I understood - but if it is marked as an IRA - you need to ask the administrator - that might be an error.
Shouldn't their 1099 have reflected the dividend income so capital gains can be paid??
If these are dividends taxable at the time they are credited - yes - the form should be 1099div. If these dividends were deferred - that is an annuity - and reporting on form 1099R is correct - in this case you may not treat them as qualified dividends.
Let me know if you need any help.