The Purpose of a High-Risk Pool Is to Assist People

question 52

True/False

The purpose of a high-risk pool is to assist people with poor driving records in obtaining automobile insurance coverage.

---

Definitions:

Undifferentiated Selling

A marketing approach where a product or service is offered to the market without any modification or customization to meet varied customer needs.

Account Segmentation

The process of dividing customer accounts into distinct groups based on characteristics like size, needs, or purchasing behavior to tailor marketing and sales efforts.

Sales Call Allocation

The process of distributing or assigning sales calls or visits among sales team members based on criteria like territory, specialization, or workload.

Account Segmentation

The process of dividing a company's customer accounts into distinct groups based on criteria such as size, needs, or behavior to tailor marketing and sales approaches.