An employee has lost access to their group term life insurance plan, but they are allowed to convert to a new plan. Which best describes this new plan?
A. The new policy will be term life. The employee pays all premiums.
B. The new policy will be term life. The employer will pay a portion of the cost.
C. The new policy will be cash value. The employer will pay a portion of the cost.
D. The new policy will be cash value. The employee pays all the premiums
Ans: D. The new policy will be cash value. The employee pays all the premiums
You might also like to view...
Saaty's multiple criteria decision-making technique that allows subjective as well as objective factors to be considered during the decision-making process is
A) NGT. B) JRP. C) AHP. D) DML.
If you only earned interest on your initial investment, and not on previously earned interest, it
would be called simple interest. Indicate whether the statement is true or false