Which of the Following Statements Is (Are)true Regarding Exclusions in Life

question 18

Multiple Choice

Which of the following statements is (are) true regarding exclusions in life insurance contracts?
I.Life insurance policies are remarkably restrictive,including numerous exclusions.
II.A life insurer may exclude death attributable to certain activities or hobbies disclosed on the application.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

Acknowledge the relationship between employee treatment, productivity, and turnover.

Recognize the components of the human resource management process.

Understand the correlation between people-centered practices and organizational outcomes.

Understand the various sedimentary resources and their importance.

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Definitions:

Total Revenue

The aggregate income a company garners from its sales of goods or provision of services over a designated period.

Quantity Demanded

The specific amount of a good or service consumers are willing to buy at a given price, holding all other factors constant.

Price

The expected, necessary, or contributed financial amount in exchange for something.

Total Revenue

The complete amount of income generated by the sale of goods or services related to the company's primary operations.