Which of the Following Statements About Home Service Life Insurance,which

question 21

Multiple Choice

Which of the following statements about home service life insurance,which evolved over time from a type of life insurance called industrial life insurance,is true?

• A)Most policies have a face value exceeding $100,000.
• B)Premiums are usually not collected at the insured's home and are remitted directly to the agent or the insurer.
• C)Industrial life insurance is group term insurance coverage marketed to employees at the work site.
• D)This popular product accounts for over 40 percent of the life insurance sold today.

---

Definitions:

Heroic Leadership Bias

The tendency to attribute the success of a group to the actions and decisions of its leader, often overlooking contributions from others.

Elitist

Pertaining to a belief or attitude that a select group of people with a certain pedigree, high intellect, wealth, or special talents are the ones who should make decisions or hold power.

Antidemocratic

Opposing or undermining the principles of democracy, which may include practices or beliefs that discourage participation or equality within a democratic system.

Leader-Member Exchange

A theory focusing on the two-way relationship between leaders and followers, emphasizing the importance of communication and mutual trust in achieving positive outcomes.