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Insurance MCQ Group Life Insurance An employee of 20 years recently retired at age 59 1/2. This employee's group life contract can be An employee of 20 years recently retired at age 59 1/2. This employee's group life contract can beAn employee of 20 years recently retired at age 59 1/2. This employee's group life contract can beAnswer: converted to an individual permanent policy at an individual rate Learn More :Insurance 1 to 100
Insurance 100 to 200
What is group term life feature?What group term life feature permits an individual to depart from the group and continue to be covered without providing evidence of insurability? The conversion privilege allows an individual to leave the group term plan and continue his or her insurance without providing evidence of insurability. Which of the following is not a required provision in a group life policies?Which provision is NOT a requirement in a group life policy? Accidental. (An AD&D provision is not required in a group life policy.) An employee of 20 years recently retired at age 59 1/2. Which of these provisions is not required in life insurance policies quizlet?Which of these provisions is NOT required in life insurance policies? Extended Term. All of these provisions must be included in life insurance policies EXCEPT Extended Term. Which of the following life insurance policies combine term insurance with an investment elements?Permanent life insurance, the type of policy that offers investment features, combines the death benefit coverage of a term policy with an investment component that can build cash value over time. |