Which of the following statements about group insurance underwriting principles is true?
A) Employees should be required to remit premiums directly to the insurance company.
B) The average age of the group should ideally increase over time.
C) A group should be formed for the specific purpose of obtaining insurance.
D) A flow of people through the group is desirable.
Answer: D
You might also like to view...
In Georgia, to be legally competent to enter into valid contract, the parties must be:
A. At lease 18 years old. B. At lease 18 years old and mentally competent. C. At least 21 years old. D. At least 21 years old and mentally competent.
Companies can manage their international marketing activities in three ways: export departments, international divisions, or ________
A) global organization B) fixed corporate headquarters C) strong marketing department in the "host" country D) local marketing efforts E) strategic business units