Ch. 7 Quiz
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Full benefits must be paid by the insurer
Ann is an employee covered by group life insurance plan through her employer. When Ann is terminated, her employer fails to inform her about the plan's conversion option. Two weeks later, Ann dies in an automobile accident. How will this situation be handled?
A certificate issued to each individual covered by the group life insurance
What is a certificate of insurance?
100%
What percentage of eligible employees must be covered by noncontributory group insurance plans?
Certificate
A person who is insured within a group contract will be given a
