Which of the following does NOT qualify as a life insurance advertisement?

A memo from an insurer's president to employees does not qualify as a life insurance advertisement because it is an internal communication that is not directed at prospective policyholders. Advertisements are intended to promote products or services to the general public or to potential customers, aiming to increase awareness and encourage purchases.

On the other hand, a commercial aired on television, a flyer highlighting insurance benefits, and a direct mail campaign are all outward-facing materials specifically designed to inform potential customers about life insurance options and entice them to consider purchasing a policy. These forms of communication are crafted with the intent of reaching a wider audience outside the organization, fulfilling the criteria of what constitutes insurance advertising.