With decreasing term insurance, each time the term insurance is renewed the premium decreases

Indicate whether this statement is true or false.

Answer: FALSE

Business

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Which of the following is true about "open peril" coverage?

a. It provides coverage for all perils, unless that peril is specifically excluded. b. It provides coverage for scheduled risks. c. It provides coverage for the named perils. d. It does not exclude any perils from coverage.

Business

After the 2001 attack on the World Trade Center, New York City unveiled a new tourism advertising campaign with the slogan "The New York Miracle: Be a Part of It." This is an example of ________

A) social marketing B) idea marketing C) people marketing D) place marketing E) service marketing

Business