Alberta General Insurance Level 1 Practice Exam

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What is one of the methods to prospect for new clients?

  1. Product diversification

  2. Risk Management

  3. Cold-calling

  4. Claims processing

The correct answer is: Cold-calling

Cold-calling is often considered a traditional method for prospecting new clients. It involves contacting potential customers by phone or in person without any prior relationship or knowledge of their interest in the product or service. While product diversification and risk management are important marketing strategies, they do not specifically target new clients. Claims processing involves handling insurance claims, which is not related to prospecting for new clients.

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