Which of the Following Involves Fixed Premium Payments and a Benefit

question 127

Multiple Choice

Which of the following involves fixed premium payments and a benefit payout at the time of death that will depend on investment returns over the life of the policy?

• A)Term life.
• B)Variable life.
• C)Whole life.
• D)Endowment life.
• E)Universal life.

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Definitions:

Generic Strategy

Broad marketing strategies that can be applied across industries, typically categorized as cost leadership, differentiation, or focus strategies.

Market Share

The proportion of total market sales within an industry that is held by a specific company.

ROI

Stands for Return on Investment, a measure used to evaluate the performance and profitability of an investment by comparing its gains to its costs.

Strategic Group

A concept in strategic management that groups companies within an industry that have similar business models or strategies, allowing for analysis of competition and strategic positioning.