The Case in Point on Terminal Illness and Life Insurance

question 93

Multiple Choice

The Case in Point on Terminal Illness and life insurance suggests that a patient with a terminal illness can expect to sell his or her life insurance policy for a ________ amount if his or her life expectancy is ________.

• A)higher; short
• B)higher; long
• C)lower; short
• D)lower; not less than 3 months

---

Definitions:

Strategic Learning

A process of creating, acquiring, and transferring knowledge to adapt and evolve a business strategy.

Sustainability

Meeting current needs without compromising the ability of future generations to meet their needs, such as with efforts that protect the environment.

CSR Activities

Corporate Social Responsibility activities entail initiatives a company undertakes to assess and take responsibility for its effects on environmental and social wellbeing.

Leading Indicator

A measurable economic factor that changes before the economy starts to follow a particular pattern or trend, used to predict changes in economic activity.