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After Taking an Introductory Course in Insurance, Your Parents Ask

question 32

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After taking an introductory course in insurance, your parents ask you what type of life insurance policy they should purchase if they want permanent death protection and the potential for earning a relatively high rate of return on their cash value. Which type of life insurance would you suggest?


Definitions:

Positive Reinforcement

A process in behavioral psychology where a desirable stimulus is presented after a behavior, increasing the likelihood of that behavior being repeated in the future.

Response Strengthened

This term describes the process by which a behavior becomes more likely to occur as a result of reinforcement.

Negative Reinforcement

A behavioral principle where the removal of an unpleasant stimulus following a desired behavior increases the likelihood of the behavior occurring again.

Positive Reinforcement

A method of strengthening desired behaviors by presenting a desirable stimulus after the behavior occurs.

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