Match the Following Terms with Their Definitions

question 62

Multiple Choice

Match the following terms with their definitions.
-Premium

• A)Continual premium payments
• B)Used when insured cancels
• C)Blame doesn't matter in payoff
• D)Periodic payment
• E)Not optional
• F)Combination of term and whole life
• G)Result of a nonforfeiture value
• H)Policyholder
• I)Amount of insurance stated on the policy
• J)Value of policy when terminated
• K)Builds no cash value
• L)Options when an insurance policy is terminated
• M)One to receive face value of life insurance
• N)Payment to insured from a loss
• O)80%
• P)Pay for repairs to one's auto
• Q)Amount insured pays
• R)The insurance company
• S)Fire, theft

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Definitions:

Activation Tools

Tools and strategies used to encourage and increase user engagement, participation, or the adoption of products/services.

Social Experiences

Engagements or activities shared with others in social settings or digital platforms, enhancing relationships and fostering community participation.

Creative Assets

Materials such as images, videos, and texts used in marketing and advertising to represent a brand's identity and message.

Strategic Planning

A systematic process for envisioning a desired future and translating this vision into broadly defined goals or objectives and a sequence of steps to achieve them.