Which of the Following Is the Most Common Type of Life

question 29

Multiple Choice

Which of the following is the most common type of life insurance policy offered by companies?

• A)group life
• B)term life
• C)whole life
• D)universal

---

Definitions:

Strategic Planning Process

A systematic sequence of actions that organizations use to envision their future and develop necessary procedures and operations to achieve that future.

Marketing Program

A comprehensive plan that integrates various marketing efforts such as advertising, sales, and public relations to achieve business objectives.

Planning Stage

The initial phase in a process where objectives are set and strategies are outlined.

Marketing Mix

A foundational marketing model comprising four key components: product, price, place, and promotion, used in developing a marketing strategy.