IIA
IIA-CFSA · Question #196
IIA-CFSA Question #196: Real Exam Question with Answer & Explanation
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Question
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.
Options
- ANoncontributory plan
- BContributory plan
- CLife insurance
- DPreexisting provision condition
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