Group life
An employee with $25,000 group term life coverage was recently fired. This employee's group coverage may be converted to a
$25,000 individual whole life policy
which of the following is an Important underwriting principle of group life insurance
Everyone must be covered in the group
Group life insurance policies are generally written as
annually renewable term
Which of the following statements about a noncontributory Employee group life insurance is false
A minimum number of employees is required to participate
Which provision is not a requirement in a group life policy
accidental
All individuals covered under a group contract will receive a(n)
certificate
Company XYZ offers a group term Life insurance plan to its employees. What does each employee covered under this plan receive
certificate of insurance
What type of group insurance plan involves employees sharing the cost
contributory plan
What group term life feature permits an individual to depart from the group and continue to be covered without providing evidence of insurability?
conversion
Under a trustee group life policy, who would be eligible for a certificate of coverage?
employee