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Mary has just signed up to participate in her employer’s franchise life insurance program. Which of the following statements is correct?
A) The employer is given a certificate of insurance.
B) As the “sponsor” of the program, her employer, collects premiums from her and remits them to the insurance company.
C) She may not continue the policy if she terminates employment.
D) Jackie is allowed to select the type and amount of insurance coverage.
Answer: B) As the “sponsor” of the program, her employer, collects premiums from her and remits them to the insurance company.
The above question Mary has just signed up to participate in her employer’s franchise life insurance program. Which of the following statements is correct?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.
