$11-20$

$21-25$

The Gigantic Insurance Company has different disability income insurance underwriting standards for different sized groups. Which of the following persons is least likely to be asked to give medical information?

a$.$ Phil buys his own individual policy.

b$.$ Lorraine works for a company with nine employees.

c$.$ Chuck works for a company with $11$ employees.

d$.$ Lazard works for a company with $500$ employees.

Which of the following is characteristic of employer$-$provided health insurance?

a$.$ It is taxable to the employee.

b$.$ It generally is less expensive than individual coverage.

c$.$ It provides lifetime coverage once an employee first becomes a participant.

d$.$ It insures each employee individually under separate policies.

For insurance purposes, a group must typically consist of how many persons at a minimum?

a$.$ two

b$.$ three

c$.$ five