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Anvisha [2.4K]
3 years ago
11

All the following statements concerning ordinary life insurance are correct EXCEPT: Group of answer choices The face amount of t

he policy is paid if the insured lives to age 75. Premiums are level throughout the life of the policy. There is a build-up of cash value the policyholder can borrow. Ordinary life offers the policyholder the flexibility to meet a wide range of financial objectives.
Business
1 answer:
Lera25 [3.4K]3 years ago
8 0

Answer:

Correct Answer:

4. Ordinary life offers the policyholder the flexibility to meet a wide range of financial objectives.

Explanation:

Ordinary life insurance is a type of life insurance in which policyholders pay premiums for their whole lives at a set price and interval. <em>Despite offering protection in an event of unfortunate event for the policyholders, it does not offer the flexibility to meet wide range of financial objectives.</em>

<em>Ordinary life insurance policies are often considered paid up if the policyholder reaches 100 years of age.</em>

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Look-alike Tasteeos sell for less price than the market-leading Cheerios brand. Cereal manufacturer has employed a cloner marketing strategy.

Cloner marketing strategy refers to creating a product by copying features of an already existing brand product. A manufacturer might copy the same features of distribution, production, labeling, ingredients, advertisement, and looks but the quality will differ from the leading brand.

Cloner is a parasitic marketing strategy that thrives on the investment of the major brand that another firm is copying to sell its products. To escape the copyright issue, these cloner firms make sure the name of the product is slightly different from that of the major brand.

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1 year ago
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kaheart [24]

Answer:

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Business investment is the main way to obtain benefits in the short, long or medium term. For this, it is necessary to invest a certain capital in business or activities that allow the investor to increase it over time.

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3 0
3 years ago
Disparate treatment could be legal if the discrimination: a. results in increased efficiency. b. is performed by a governmental
marta [7]

Answer:

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