Insurance That Compensates for the Loss or Unavoidable Absence of Crucial

question 27

Multiple Choice

Insurance that compensates for the loss or unavoidable absence of crucial employees in the firm is called:

• A)key personnel insurance.
• B)business liability insurance.
• C)property insurance.
• D)business interruption insurance.
• E)damage insurance.

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Definitions:

Neologism

A newly coined word or expression that may be in the process of entering common use.

Avolition

Refers to a decrease in the motivation to initiate and perform self-directed purposeful activities.

Auditory

Pertaining to the sense or organs of hearing, or to the process of perceiving sound.

Visual

Pertaining to the sense of sight or the perception of objects through light signals received and processed by the eyes.