A Life Insurance Policy with a Small Face Amount Where

question 49

Multiple Choice

A life insurance policy with a small face amount where the premium may be collected weekly by agents is termed:

• A) credit life insurance.
• B) mortgage life insurance.
• C) industrial life insurance.
• D) special-purpose insurance.
• E) group life insurance.

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Definitions:

Clear Goals

Well-defined, specific, and achievable objectives that guide actions and decision-making processes.

Ingratiation Tactic

A strategy where an individual attempts to influence another person by becoming more likeable to them, often through flattery or other forms of positive manipulation.

Coalition

An alliance or partnership formed between individuals or groups to achieve a specific purpose or undertake a collective action.

Exchange

The act of giving something to someone and receiving something in return, typically referring to goods, services, or information.