All of the Following Are Typical Business Uses of Life

question 54

Multiple Choice

All of the following are typical business uses of life insurance except:

• A) protect the business against loss caused by the death of a key person
• B) provide a means of rewarding and retaining valuable employees
• C) provide severance pay to employees when jobs are terminated
• D) protect the value of the partnership at the death of an owner/insured

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Definitions:

Desensitizing

The process of reducing sensitivity or responsiveness to an external stimulus, often used as a therapeutic technique.

Systematic Desensitization

A behavioral therapy method used to reduce phobias, anxiety, and fears through gradual exposure to the feared object or situation.

Relaxation Techniques

Various practices used to reduce stress and anxiety, promoting a state of calm and physical relaxation.

Flooding

A psychological treatment method where individuals are exposed to their fears or phobias in a controlled and safe environment, with the aim of extinguishing the fear response.