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Commerce · Q606

Insurance

Graduate and Post Graduate · Commerce · question 606

Q606

In Needs-analysis the following act is done

A.
Location of areas where people need life insurance protection
Answer
B.
Identifying people who may work as agents
C.
Estimating assets of prospects
D.
Estimating the net worth of prospects

Answer: Option A

Solution

Answer: Option A
Solution:
In Needs-analysis location of areas where people need life insurance protection. A good needs analysis also considers how much the death benefit from the life insurance policy is likely to earn if it's invested.