QuestionJune 18, 2025

Which of the following statements about noncontributory employee group life insurance is FALSE? A. O All eligible employees must be covered B. No evidence of insurability required C.O A minimum number of employees is required to participate D. Must have conversion rights

Which of the following statements about noncontributory employee group life insurance is FALSE? A. O All eligible employees must be covered B. No evidence of insurability required C.O A minimum number of employees is required to participate D. Must have conversion rights
Which of the following statements about noncontributory employee group life insurance is FALSE?
A. O All eligible employees must be covered
B. No evidence of insurability required
C.O A minimum number of employees is required to participate
D. Must have conversion rights

Solution
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Answer

C. A minimum number of employees is required to participate Explanation 1. Analyze each statement A. True - Noncontributory plans require all eligible employees to be covered. B. True - No evidence of insurability is needed for noncontributory plans. C. False - Noncontributory plans do not require a minimum number of employees; this applies to contributory plans. D. True - Conversion rights are typically included in group life insurance.

Explanation

1. Analyze each statement<br /> A. True - Noncontributory plans require all eligible employees to be covered.<br /> B. True - No evidence of insurability is needed for noncontributory plans.<br /> C. False - Noncontributory plans do not require a minimum number of employees; this applies to contributory plans.<br /> D. True - Conversion rights are typically included in group life insurance.
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