All of the Following Are Requirements That Must Be Satisfied

question 7

Multiple Choice

All of the following are requirements that must be satisfied before premiums are waived under a waiver-of-premium provision EXCEPT

• A)The insured must furnish proof of disability to the insurer.
• B)The insured must be disabled before some specified age,such as age 60 or 65.
• C)The insured must satisfy the definition of disability.
• D)The insured must satisfy a 2-year waiting period.

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Definitions:

Personal Selling

A sales technique involving one-on-one interaction between a salesperson and a potential buyer to persuade the purchase of a product or service.

Business-To-Business

Transactions or relationships between two businesses, rather than between a company and individual consumers.

Imc

Integrated Marketing Communications, a strategic approach that coordinates different promotional tools and channels to provide a clear, consistent, and compelling message about an organization or product.

Aida Model

A marketing model that outlines the four stages a consumer goes through before making a purchase: Awareness, Interest, Desire, Action.