_____ programs typically provide a core of basic life coverage and then permit employees to choose greater coverage.

Question

Quizplus · Accepted Answer

Flexible benefit programs allow employees to choose the amount and type of benefits they receive, including greater life coverage beyond the basic amount provided. Defined-benefit and defined-contribution programs generally do not offer options for choosing life coverage beyond a predetermined amount. Point-of-service programs relate to medical coverage and are not relevant to the question.

_____ Programs Typically Provide a Core of Basic Life Coverage