Vidyalelo
Commerce · Q633

Insurance

Graduate and Post Graduate · Commerce · question 633

Q633

Pick out the incorrect statement.

A.
Life insurance is sold, not bought
B.
Selling is neither a science nor an art
Answer
C.
In prospecting for life insurance, members of a community association will be classified as a natural market
D.
Loss assessment is not part of sales process

Answer: Option B

Solution

Answer: Option B
Solution:
There's a common belief that it takes a combination of both art and science to be a successful salesperson, that is, a balance of both innate ability and systemic organization. Artistic ability is generally considered to be innate, coming from within an individual.