Shiyuan, while in the process of converting her group life insurance to an individual policy, dies. What happens to the claim her beneficiary submits?

A) It is paid under the new individual policy.
B) It is paid under the old group plan.
C) It is not paid by either policy.
D) It is paid pro rata by both plans.

Ans: B) It is paid under the old group plan.

Business

You might also like to view...

A _____ is an entity that is either benefited or burdened by the actions of a corporation.

Fill in the blank(s) with the appropriate word(s).

Business

________ is the execution format that depicts typical people using the product in an everyday setting

A) Lifestyle B) Fantasy C) Slice of life D) Testimonial E) Demonstration

Business