- 12. Jane, a young lady, just finished university and wants to purchase life insurance for herself. She currently has a limited budget. What is the best type of insurance for this client? Universal Life Critical IIIness Whole Life Term Insurance
- When the buyer importer issues an RFQ (request for quotes) to a seller, the seller's response, once accepted by the bityer becomes a legally binding contact. This seller's response in known as a A Purchase Order B Sales Contract C Commercial Invoice D Pro Forma Invoice
- Which of the following statements is correct? a. Net income minus federal tax credits equals federal tax payable. b. Taxable income minus federal tax credits equals total federal income tax. c. Net income minus federal tax credits equals taxable income. d. Total federal income tax minus federal tax credits equals federal income tax payable
- 10. What type of life insurance best fits a client who is looking for growth potential, guaranteed premiums , and a guaranteed cash value? Critical IIIness Term Insurance Universal Life Whole Life
- 8. Which type of insurance offers a client guaranteed premiums and has cash values that may be used for a collateral loan? Whole Life Term Insurance Critical IIIness Universal Life