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All Members of a Group Insurance Plan (Group Insureds) Are

Question 108

Multiple Choice

All members of a group insurance plan (group insureds) are covered under a single contract, known as a master group insurance contract. The employer or entity purchasing the group insurance is known as group policyholder. In _____________, group insureds do not pay any premium for the coverage.


A) Noncontributory plan
B) Contributory plan
C) Life insurance
D) Preexisting provision condition

Correct Answer:

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