Which of the following is true for John if he purchases additional life insurance through his...
Which of the following is true for John if he purchases additional life insurance through his employer?
a. Few exclusions are associated with these types of
policies.
b. Because most group term policies have a conversion feature, he
can be assured that upon termination of employment he can continue
his coverage.
c. He can tailor the coverage to his own needs.
d. All of the above are true.
Homework Answers
The correct Answer is option A, Few exclusions are associated with these types of policies.
If John purchases additional life insurance through his employer he cannot tailor the coverage to his own needs as well as he cannot be assured that upon termination of employment he can continue his coverage.
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