Which of the Following Statements About Group Insurance Underwriting Principles

question 22

Multiple Choice

Which of the following statements about group insurance underwriting principles is (are) true?
I.If a plan is contributory,100 percent of the eligible employees must be covered.
II.Employees should be allowed to determine their own level of benefits.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

Role Ambiguities

Uncertainty or lack of clarity about the expectations, responsibilities, or duties of a particular role within an organization.

Resource Scarcities

Indicate a situation where resources are insufficient to meet the needs or demands, often leading to competition and strategic planning to mitigate such shortages.

Task Interdependencies

Describes the extent to which work tasks or activities within an organization rely on each other for completion or the achievement of a goal.

Substantive

Pertaining to something that is real, substantial, or considerable in terms of importance, size, or value.