<span>Life
insurance or life assurance is a contract between an insurance policy holder
and an insurer or assurer (insurance company). The insurance company agrees to
pay the beneficiary a sum of money in exchange for a premium, upon the death of
the insured person. The insured person may be the policy holder himself or a
third person other than the beneficiary.</span>
Answer: (D) Multi-segment targeting
Explanation:
The multi-segment targeting is one of the type of marketing targeting strategy in which an organization is basically decided for providing an effective benefits and offers to each segments in the multi-segment.
The main objective of the multi-segment targeting is that it helps in increase the overall productivity by maximize the sales.
The multi-segment targeting is also known as the differentiated marketing in which the company gains some profit from the consumers.
According to given question, the piper corporation chose the three main specific type of market for targeting the different types of characteristics in an organization.
Therefore, Option (D) is correct answer.
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