After Determining That You Need Life Insurance,you Should Then

question 85

Multiple Choice

After determining that you need life insurance,you should then:

• A)consult a local insurance company agent.
• B)buy as much life insurance as you can afford.
• C)estimate your life insurance requirements.
• D)determine your life insurance objectives.
• E)evaluate the ratings of the insurance company.

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Definitions:

Programmed Decision Making

Decision-making techniques that are routine or automated, used for dealing with common, predictable problems.

Ill-structured Problem

A problem lacking a clear goal, solution path, or expected solution, making it difficult to solve using conventional methods.

Organizational Hierarchy

A system in which people or groups are ranked one above the other according to status or authority within an organization.

Programmed Decision Making

The process of making decisions that are routine or repetitive through the use of established policies, procedures, or rules.