Examlex

Solved

The Main Strategic Lesson to Be Drawn from the Biblical

question 51

Multiple Choice

The main strategic lesson to be drawn from the Biblical story of David and Goliath is:


Definitions:

Universal Life Insurance

A type of insurance policy that is flexible and allows one to raise or reduce premiums and the amount of coverage on one’s life.

Term Life Insurance

A type of insurance policy covering the insured for a fixed period of time (e.g., 10 or 20 years). Premiums are usually lower for a greater amount of coverage than with other types of life insurance.

Whole Life Insurance

A type of insurance policy with which, for a set annual premium, one receives life insurance coverage and, at the same time, invests one’s money.

Premiums

A designated amount of money paid at regular intervals by an individual or entity for a policy or service, especially in the context of insurance.

Related Questions