Brandie Is a Financial Services Representative and Is Licensed to Sell

question 91

Multiple Choice

Brandie is a financial services representative and is licensed to sell life,health and investment products.She recently met with a couple in their 50's who have been taking care of their 80-year-old parents who now need some additional attention and care.Brandie begins asking the couple about their financial planning and how well they've saved for retirement as well as the possibility that one or both of them might need nursing assistance or long-term care in a senior facility.What type of product would best describe a long-term care policy?​

• A)​unsought product
• B)​specialty product
• C)​convenience product
• D)​shopping product

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Definitions:

Experts

Individuals with a high level of knowledge, skill, or expertise in a particular domain or field, often acquired through extensive experience or education.

Novices

Beginners or individuals who are new to a particular field or activity, lacking the experience and knowledge of more seasoned experts.

Stimuli

External elements or occurrences that elicit responses or reactions from sensory organs or the nervous system.

Chunk Information

A strategy of breaking down information into smaller, manageable units or chunks, making it easier to process and remember.