Gap analysis refers to an estimation of sales potential caused by the disparity in incomes between developed and developing countries

Janet, the insured, dies during a grace period for her $50,000 life policy. What happens, considering that her premium has not been paid?

A) The premium due, plus a 10% penalty, is charged against the policy. B) The amount of the premium due is deducted from the policy proceeds paid to the beneficiary. C) The beneficiary must pay the premium after the death claim is paid. D) The premium is canceled because the insured died during the grace period."

A short definition of marketing is "meeting needs profitably."

Indicate whether the statement is true or false