Identify the Three Different Trade Area Zones and Indicate for Each

question 39

Essay

Identify the three different trade area zones and indicate for each of the different geographic area what percentage of customers makes up from each zone.

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Definitions:

Life Insurance Policy

A contract between an individual and an insurance company, where the insurer pays a designated beneficiary a sum of money upon the death of the insured person.

Beneficiary

A person or entity entitled to receive benefits from a will, trust, insurance policy, or other legal agreements.

Divorced

The legal dissolution of a marriage by a court or other competent body.

Proceeds

The total amount of money received from a sale or transaction.