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Which of the Following Actions Is Performed Manually in the SAP

question 70

Multiple Choice

Which of the following actions is performed manually in the SAP system installed at CBI?


Definitions:

Universal Life

A type of flexible permanent life insurance that offers the low-cost protection of term life insurance as well as a savings element, which is invested to provide a cash value buildup.

Protection

Measures taken to safeguard something or someone against harm or damage.

Life Insurance

A contract between an insurer and a policyholder in which the insurer pays a designated beneficiary a sum of money upon the death of the insured person.

Floater Policy

A policy that insures property that cannot be covered by specific insurance because the property is constantly changing in either value or location.

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