Identify the Correct Statement About the Administration of Group Insurance

question 74

Multiple Choice

Identify the correct statement about the administration of group insurance.

• A)The insurer may be responsible for the record keeping of the contract, which is ordinarily done by the employer.
• B)If employees are required to contribute toward the premium, the insurer is responsible for collection or payroll deduction of employee contributions.
• C)The contract is made with the employer rather than with each individual.
• D)The employer provides each insured employee with a master contract as evidence of participation.
• E)Eligibility for these contracts involves proving individual insurability.

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