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MATCHING Match the Person or Term with the with the Correct

question 31

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MATCHING
Match the person or term with the with the correct description.
-Preston Brooks


Definitions:

Life Insurance Proceeds

The money paid to the beneficiaries of a life insurance policy when the insured person passes away.

Gross Income

Total income from all sources before deductions, exemptions, and taxes.

Insured

A person or entity covered under an insurance policy, providing protection against specified risks or losses.

Taxable Income

Income subject to tax, after deductions and exemptions, according to federal or state law.

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