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Loma 281 - Module 4 exam questions with complete solution 2024.
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Loma 281 - Module 4 exam questions with complete solution 2024.
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Loma 281 - Module 4 exam questions withcomplete solution 2024
Group jinsurance j- jANS✓✓-Life jor jhealth jinsurance jcoverage jfor ja jgroup jof
jpeople junder jone jinsurance jcontract
Master jgroup jinsurance jcontract j- jANS✓✓-An jinsurance jcontract jthat jinsures ja
jnumber jof jpeople
Group jinsured j- jANS✓✓-Individual jcovered jby ja jgroup jpolicy jbut jis jnot ja jparty
jto jthe jgroup jcontract. jThe jinsured, jrather jthan jthe jpolicyholder, jnames jthe
jbeneficiary
Group jpolicyholder j- jANS✓✓-The jperson jor jorganization jthat jdecides jwhat
jtypes jof jgroup jinsurance jcoverage jto jpurchase jfor ja jspecific jgroup, jnegotiates
jthe jterms jof jthe jgroup jinsurance jcontract, jand jpurchases jthe jgroup jinsurance
jcoverage
Certificate jof jinsurance j- jANS✓✓-A jdocument jthat jdescribes jthe jcoverage jthat
jthe jgroup jinsurance jcontract jprovides jand ja jgroup jinsured's jrights junder jthe
jcontract
Noncontributory jplan j- jANS✓✓-A jgroup jinsurance jplan jwhere jonly jthe jgroup
jpolicyholder jpays jthe jentire jpremium jfor jthe jcoverage. j100% jof jmembers jmust
jparticipate jin jthis jplan
Contributory jplan j- jANS✓✓-A jgroup jinsurance jplan jwhere jinsured jgroup
jmembers jmust jpay jpart jor jall jof jthe jpremium jfor jtheir jcoverage. jTypically, jat
jleast j75% jof jmembers jmust jparticipate jin jthis jplan
Self-administered jplan j- jANS✓✓-A jgroup jinsurance jplan jfor jwhich jthe jgroup
jpolicyholder jis jresponsible jfor jhandling jthe jadministrative jand jrecordkeeping
jaspects jof jthe jplan
Insurer-administered jplan j- jANS✓✓-A jgroup jinsurance jplan jfor jwhich jthe
jinsurer jis jresponsible jfor jhandling jthe jadministrative jand jrecordkeeping
jaspects jof jthe jplan
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