Matiyos Never Worried About Life Insurance When He Was Young

question 20

Multiple Choice

Matiyos never worried about life insurance when he was young and single. However, when Matiyos and Jermesha got married, he started thinking about life insurance, but didn't purchase any. When they had their first child and bought a house, Matiyos thought it was time to buy life insurance so Jermesha could afford their house if something did happen to him. Matiyos' situation is typical when it comes to life insurance sales. Recognizing this, life insurance companies should use _______ as a segmentation variable.

• A) family life cycle
• B) geographic variables
• C) psychographic characteristics
• D) behavioral factors

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Definitions:

Sex Registration Laws

Legal requirements for individuals convicted of sex crimes to register their addresses and other personal information with local law enforcement.

Immigrant Prosecutions

Legal actions taken against individuals for violations related to their immigration status, often in the context of unauthorized entry or stay in a country.

Border Patrol

Government agents tasked with monitoring and securing a country’s borders to prevent illegal immigration and trafficking.

Civil Commitment Laws

Legal statutes that allow for the involuntary detention and treatment of individuals deemed a danger to themselves or others, usually due to mental illness.