You are reviewing you client Vladimir's insurance needs with him and he has group life insurance coverage
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Question:
You are reviewing you client Vladimir's insurance needs with him and he has group life insurance coverage through his employer. In assessing Vladimir's existing group life insurance, which of the following statements is correct?
a) the amount of coverage is usually unlimited
b) the coverage is usually convertible at guaranteed rates
c) the policy cannot be terminated without group consensus
d) the plan member does not have any control over the policy
Related Book For
Principles of Risk Management and Insurance
ISBN: 978-0132992916
12th edition
Authors: George E. Rejda, Michael McNamara
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