All of the following are characteristics of a group life insurance plan EXCEPT 1. There is a requirement to prove insurability on the part of the participants. 2. The participants receive a Certificate of Insurance as their proof of insurance. 3. A minimum number of participants is required in order to underwrite the plan. 4. The cost of the plan is determined by the average age of the group.
All of the following are characteristics of a group life insurance plan EXCEPT1. There is a requirement to prove insurability on the part of the participants.2. The participants receive a Certificate of Insurance as their proof of insurance.3. A minimum number of participants is required in order to underwrite the plan.4. The cost of the plan is determined by the average age of the group.
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The post All of the following are characteristics of a group life insurance plan EXCEPT 1. There is a requirement to prove insurability on the part of the participants. 2. The participants receive a Certificate of Insurance as their proof of insurance. 3. A minimum number of participants is required in order to underwrite the plan. 4. The cost of the plan is determined by the average age of the group. appeared first on Superb Professors.
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