If John Had Disability Insurance Coverage from His Employer That

question 36

Multiple Choice

If John had disability insurance coverage from his employer that was cancelable, but guaranteed renewable, and he was on claim when the annual contract came up for renewal. Which of the following is true?

• A)The insurance company could cancel the coverage at the anniversary date.
• B)The employer cannot cancel coverage when employees are receiving benefits.
• C)The insurance company could increase the premiums and his employer could cancel the coverage.
• D)The employer must renew the policy with the same benefits and at the same premium.

---

Definitions:

25th Percentile

The value below which 25% of the observations in a group of data fall, commonly referred to as the first quartile.

75th Percentile

A value below which 75% of the data falls, often used in statistical analysis to measure data distribution.

Box Plot

A graphical representation of data that shows the distribution's minimum, maximum, median, and quartiles.

Observations

Data collected through measurement, surveys, or experimentation to represent instances of a variable.