1711. In insurance , need-gap analysis involves_________

Identifying the areas where the prospect needs insurance protection
Indentifying people to work as insurance agents
Identifying how much assets a prospect has
Identifying the poverty level of the prospects
✅ The correct answer is A.
In insurance, need-gap analysis involves identifying the areas where the prospect needs insurance protection. In need gap analysis we engage in a process of gathering detailed information about the prospect’s insurance requirements, to identify and determine the assets and perils for which there is inadequate coverage. The objective here is to collect as much additional information about the prospect as possible.

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