An Insurance Agent Should Provide Information in Designing an Insurance

question 11

True/False

An insurance agent should provide information in designing an insurance plan; the small business owner will only need to determine the price the company can afford.

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Definitions:

Utility Companies

Companies that provide essential services such as water, electricity, natural gas, and sewage treatment to households and businesses.

Fuel-Efficiency Standards

Regulations set by governments to mandate the minimum fuel efficiency level that automobiles must achieve to reduce fuel consumption and emissions.

Energy Waste

The unnecessary or inefficient use of power resources which results in lost potential energy.

Wind Power System

A technology setup that converts wind energy into electrical power through the use of turbines, contributing to renewable energy sources.