01 Apr Provide an overview of the product you selected and explain why you selected that product
Review the lecture content for unit 4. After reading the notes, refer to the Insurance Information Institutes’ website at the following link – www.iii.org. By selecting this link, you will land in the resource Center. There you will find videos explaining various insurance products. Your assignment is to select a video that covers a specific insurance product or service you are interested in learning more about. The objective is to write a 3-4 page paper covering the following topics:
1. Provide an overview of the product you selected and explain why you selected that product
2. Identify the target market for the product as well as some examples of consumer segments that should not purchase this product(if applicable)
3. Identify factors that should be considered when purchasing the insurance product
4, Finally, knowing the Insurance Information Institute website is supported by insurance companies, identify any assertions or facts/opinions in the video that you think need to be questioned closely.
