Decreasing term insurance is often used to meet

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Reference no: EM132216377

1- All of the following are provisions of industrial life EXCEPT:

a-Suicide provisions do not apply to the policy

b-Because the cash value is so low, policy loans are not permitted

c-The application is not a part of the policy

d-The policy provides a 61-day grace period

2- Of the following, which best describes a need that decreasing term insurance is often used to meet?

a-Providing funds to pay off an outstanding loan at a reasonable premium

b-Providing long-term coverage at a reasonable premium

c-Providing funds for final expenses at a reasonable premium

d-Providing funds to pay off an outstanding loan at a high premium

3. Through ________, many companies today are strengthening their connections to all partners, from providers of raw materials and components to final buyers who purchase final products.

a. customized marketing

b. supply chain management

c. partnership relationship marketing

d. deviated marketing

e. direct marketing

Reference no: EM132216377

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