After taking an introductory course in insurance, your parents ask you what type of life insurance policy they should purchase to get permanent death protection with the option to pay more premiums some years, and less in other years
They also want a minimum guaranteed rate of return on their cash value. Which type of life insurance will you recommend?
A) Term life
B) Whole life
C) Universal life
D) Variable life
C
You might also like to view...
Which item below is an example of electronic communication?
A. telephone conversation B. gestures C. videoconferencing D. presentation
The process of recording and posting adjusting entries occurs immediately after ________
a. posting the closing entries b. preparing the adjusted trial balance c. preparing the financial statements d. preparing the unadjusted trial balance
For an employer to successfully defend against a charge of a supervisor's sexual harassment, the plaintiff-employee must have taken a tangible employment action against the supervisor
Indicate whether the statement is true or false
All of the following costs are inventoried under absorption costing except:
A. direct materials. B. direct labor. C. fixed manufacturing overhead. D. fixed administrative salaries. E. variable manufacturing overhead.