Which of the following is true about group life insurance?
A) Generally,the employer provides a minimum coverage,usually $5,000 to $10,000.
B) A physical examination is usually required for coverage.
C) Employees do not have the option to purchase more insurance.
D) Presently,employers can provide a maximum of $50,000 worth of life insurance for an employee without the cost of the policy being considered as income to the individual.
Correct Answer:
Verified
Q41: Which of the following is a requirement
Q44: Flexible-benefits are also called _ plans.
A)standard
B)HMO
C)PPO
D)cafeteria
Q45: Under cliff vesting:
A)no vesting is provided during
Q48: Why is it important for organizations to
Q48: Holidays that are observed at the discretion
Q49: Describe insurance-related benefits.
Q49: Managed care programs include:
A)employee benefit packages.
B)pension plans.
C)PPOs
Q50: Flexible benefit plans are attractive because:
A)unions often
Q51: Why are employees often unaware of the
Q55: Discuss the concept of early retirement as
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