Which of the Following Statements Is True About an Individual

question 7

Multiple Choice

Which of the following statements is true about an individual insurance contract?

• A)The pricing of the contract is based on the experience of the insurance company.
• B)A master contract is provided to the employer or a trust.
• C)The employee is issued a certificate of insurance.
• D)The eligibility of the contract is related to the employment period.
• E)The pricing of the contract is based on the experience of the employee group.

---

Definitions:

Freshwater Fish

Fish species that spend most or all of their lives in freshwater habitats such as rivers and lakes, contrasting with saltwater fish found in the ocean.

Main Point

The central or most important idea in a discussion, argument, or narrative.

Water Entry

The process of water moving into a particular space or material, often related to hydrodynamics or soil science.

Filtration

A process used to separate solids from liquids or gases using a filter medium that allows only the fluid to pass through.