Wel. 44, a new employee of BC Fish Freezers, is still in his waiting period and is trying to decide whether to the company's group life insurance plan which is son employer-paid. Wef is a heavy smoker. The plan sponsor do you to meet with wei. When he asks you what the advantages to him would be if he participates which of the should you tell him? 

1. Wei will pay reduced premiums because he will join the group plan in the younger age class of 35 to 44.

2. wei will pay the same premium as the other members of the group pion, including those in good health. 

3. wei will have the option to convert to individual coverage with the same guaranteed premiums after years of plan participation .

4. Wei will have a death benefit which is son tax-free because the premium is son employer-paid.

Answer rating: 100% (QA)

B Wei will Pay the same premium as the other mem... View the full answer