Group Insurance Rates Are Typically Lower Than Individual Rates Because

question 92

Multiple Choice

Group insurance rates are typically lower than individual rates because

• A)risks cannot be pooled together in group insurance.
• B)group insurance does not cover permanent disabilities.
• C)of economies of scale.
• D)it is exempt from taxes.
• E)group insurance lacks guaranteed coverage.

---

Definitions:

Vagus Nerve

The tenth cranial nerve, which innervates various organs, including the heart, lungs, and digestive tract, and plays a critical role in autonomic functions.

Innervate

To supply an organ or other body part with nerves.

Gallbladder

A small, pear-shaped organ located beneath the liver that stores and concentrates bile, a digestive fluid produced by the liver.

Autonomic Nervous System

A component of the peripheral nervous system that controls involuntary body functions, including heart rate, digestion, and respiratory rate.