This topic contains a solution. Click here to go to the answer

Author Question: All of the following statements about employer-provided group life insurance are true EXCEPT A) ... (Read 73 times)

Brittanyd9008

  • Hero Member
  • *****
  • Posts: 500
All of the following statements about employer-provided group life insurance are true EXCEPT
 
  A) Individual evidence of insurability, through a medical exam, is usually required.
  B) Group life insurance is a common employee benefit.
  C) A single contact between the employer and the insurer is issued.
  D) Employees are given certificates of insurance as evidence of the coverage.

Question 2

Which of the following statements about indexed universal life insurance is true?
 
  A) It is another name for variable life insurance.
  B) Although a minimum interest rate is guaranteed, the rate credited can be higher if a specified stock index performs well.
  C) The cash value is usually credited with 100 percent of the return on the equity index, including dividends paid on the stocks in the index.
  D) The formula used to determine the additional interest credited to the policy places no limit on the additional interest that can be credited.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

meow1234

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

Answer: A

Answer to Question 2

Answer: B




Brittanyd9008

  • Member
  • Posts: 500
Reply 2 on: Jul 11, 2018
Thanks for the timely response, appreciate it


jackie

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Gracias!

 

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

For a complete list of videos, visit our video library