*1.I’d like to learn about your insurance planning knowledge. Tell me, do you understand and could you explain the following terms to a client. Select all that apply.(Required.)

Holding & Operating Companies

Double Taxation

CDA Credit

Family Trusts

Leveraged Life Insurance (ie. borrowing to fund or withdraw)

Immediate Financing Agreement (IFA)

Shareholders/Partnership Agreements

Split Dollar CI

Overhead Insurance

Wage Loss Replacement Plans

Individual Pension Plans (IPP)

Cascading Life Insurance (juvenile insurance)

Insurance as an asset class

Participating Life vs Whole Life