In Planning Your Insurance Program, You Should

question 163

Multiple Choice

In planning your insurance program, you should:

• A) seek advice from a competent financial adviser.
• B) determine what insurance is required.
• C) consider Social Security and other group insurance.
• D) decide what type of insurance best meets your needs.
• E) consider all of the factors listed in the other answers.

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Definitions:

Hygiene Factor

A term in Herzberg's motivation theory, referring to extrinsic conditions that prevent dissatisfaction but do not necessarily motivate employees.

Herzberg's Motivator-Hygiene Model

A theory in organizational behavior suggesting that certain factors drive job satisfaction (Motivators), while different factors cause dissatisfaction (Hygiene factors) if not present.

SEI Investments

A global provider of investment processing, management, and operations solutions.

Teams Competency

The collective skills, knowledge, and abilities of a team that enable it to perform effectively and achieve its objectives.