Examlex
Describe each of the six HO packaged policies.Which one is the most common?
Senior Market
Refers to the consumer market segment consisting of individuals typically aged 65 and older, targeted by businesses with specific products or services.
Segment
To divide a broad market into subsets of consumers or groups who share common needs, characteristics, or behaviors.
Grey Market
The trade of goods through distribution channels that are legal but unintended by the original manufacturer.
Surging
In a business context, refers to a rapid increase or spike in demand, activity, or numbers.
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