If a life policy allows the policyowner to make periodic additions to the face amount at standard rates, without proving insurability, the policy includes a
A Nonforfeiture option.
B Guaranteed insurability rider.
C Paid-up additions option.
D Cost of living provision.
B Guaranteed insurability rider.
he Guaranteed Insurability rider allows the policyowner to purchase specific amounts of additional insurance at specific dates or events, without proving continued insurability. Rates for the additions are based upon attained age.
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Explain, with examples, the four characteristics of services that a company must consider when designing marketing programs
What will be an ideal response?
Which of the following would Adam Smith have opposed, should he have witnessed it occurring?
a. working laborers relatively normal hours even though it damages productivity and makes a business less competitive b. the payment of laborers producing rivets at a flat salary rate instead of a per-piece incentive rate c. providing healthy food rations to workers even though it increases costs for the business d. developing a manufacturing assembly line that divided human labor into tiny, repetitive tasks
According to the text, which closing technique is effective in all situations?
A. Standing-room-only B. Probability C. Assumptive D. Minor-points E. Continuous-yes
A key characteristic of service blueprinting is that it makes little or no distinction between what customers experience "front-stage" and the activities of employees and support processes "backstage."
Indicate whether the statement is true or false