The Main Goal When Setting Insurance Goals Is to

question 11

Multiple Choice

The main goal when setting insurance goals is to

• A) Increase possible loss of income caused by illness.
• B) Increase possible loss of property caused by perils.
• C) Maximize personal property and liability risks.
• D) Keep the coverage constant or unchanged throughout one's life.
• E) Minimize personal, property, and liability risks.

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Definitions:

Ethnicities

Refers to categories of people who identify with each other based on common ancestral, social, cultural, or national experiences.

Diversity

The inclusion of individuals representing more than one national origin, color, religion, socioeconomic stratum, sexual orientation, etc., within a community or organization.

Ethnically Diverse

Referring to a group or area containing people from multiple ethnic backgrounds and cultures.

College Life

A phase in a person's life typically associated with attending a college or university, focusing on academic, social, and personal development.