Facultative insurance is reinsurance for a single risk or a defined package of risks. The ceding company (the primary insurer) is not compelled to submit these risks to the reinsurer, but neither is the reinsurer compelled to provide reinsurance protection. Each risk under a facultative contract is individually underwritten by the reinsurer. Agreement to provide reinsurance “facilitates” the primary insurer’s desire to write the business; without the reinsurance, the primary insurer may be unable to provide coverage for the agent.
Each of the following describes products that assist directly or indirectly in providing products for resale EXCEPT:
Head-to-head positioning requires a product to:
All of the following are critical aspects that need to be included to ensure a social media strategy is successful, except:
Components of a consumer's income include:
When a person is deprived of basic necessities, such as food, clothing, and shelter, he has unsatisfied __________.
A broad concept that includes all electronic-based company activities, both within and outside the company is known as a
On your way into school today, you stopped by Urban Buy and pack of laysto pick up a pack of laysfor an energy pickup. Urban Buyis an example of a(n):
When McCain decides to branch out from the frozen foods category into the ready- to-serve beverage market, their growth strategy is:
How an individual organization directs its marketing activities and allocates its resources to benefit its customers is known as:
An Insurance ad showing an elderly woman being assisted by a nurse trying to convey that she will not have the care she needs because she failed to cons...
