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Group insurance means a type of insurance in which a single insurance nolicy, sometimes called a marter policy. covers specified people who can be called

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Group insurance means a type of insurance in which a single insurance nolicy, sometimes called a "marter policy. covers specified people who can be called plan members (or participantsh, and their eigitefe dependents. asainst a specific risk or risksi Listed below are statements retating to the payment of premiums for group insurance. Seiect those that are accurate. 1. Non-payment of the premiums due under the master contract can result in termination of the master contrace. 2. When the group policytolder is a professional corporation or professional association, the premiums are usoally paid to the insurer directly by the members. 3. The premiums charged for group benefits are guaranteed. 4. The costs of coverages are reassessed based on group census data, which are complied, tracked, and provided ti the group policyholder and are averaged over the membership. 5. The premiums can be changed annually by the insurer and are an annual subject of negotiation 6. subject to the insurer's arrangement with the group policyholder. The premium calculation takes into account the insurer's claims experience. Select one: a. 1,2,3,486 b. 1,2,4,586 c. All are correct d. 1,2,3,4&5

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