What Are the Disadvantages of Group Term Insurance

question 152

Multiple Choice

What are the disadvantages of group term insurance?

• A)The premiums are usually subsidized by the employer.
• B)The cost to covert from group coverage to individual coverage if you leave the company may be cost prohibitive.
• C)Relying on group insurance may hinder your decision to leave the company.
• D)Both B and C are correct.

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Definitions:

Modern View

Contemporary perspective or way of thinking in contrast to traditional views.

Existential Import

The implication or assumption within a statement or proposition that asserts the existence of something.

Lakes

Large bodies of standing freshwater formed in hollows on the earth's surface, often fed by rivers or streams.

Existential Import

In logic, the implication that a statement has regarding the existence of the subjects it mentions.