Which of the Following Is Not a Major Type of Insurance

question 22

Multiple Choice

Which of the following is not a major type of insurance policy?

• A)Private personal
• B)Private property
• C)Limited renewal
• D)Government
• E)All of the above are major types of insurance policies

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Definitions:

Advantages

In the FAB sales approach, general statements about what the features do; they may or may not be connected to an expressed or actual customer need.

Expressed Need

A requirement or desire that has been clearly stated or communicated by individuals or groups.

Actual Need

The genuine requirement or necessity for a product or service based on a customer's specific situation or problem.

Key-Account Sellers

Sales representatives who focus on establishing and maintaining partnership relationships with a small set of three to five named accounts.