Group insurers have to know the make up of a group not only today but in the foreseeable future. For underwriting claims experience and premium projections to be accurate, the assumption has to be made that the group will continue to be made up of the same members as at the present time. An effective way of estimating the future make up is the turn over rate. Historical turn over rate can be a predictor of future turn over rates. Which of the following statements is not true with regards to turn over rates? Select one: a. Groups that have demonstrated low turn over rates (5 to 10% per annum) make them more attractive to insurance companies. b. High turn over rates will not result in longer waiting periods for such benefits as disability and long- term care. C. High turn over rates diminish the value of past claims experience. d. High turn over rates will result in higher group premiums.

Group insurers have to know the make up of a group not only today but in the foreseeable future. For underwriting claims experience and premium projections to be accurate, the assumption has to be made that the group will continue to be made up of the same members as at the present time. An effective way of estimating the future make up is the turn over rate. Historical turn over rate can be a predictor of future turn over rates. Which of the following statements is not true with regards to turn over rates? Select one: a. Groups that have demonstrated low turn over rates ( 5 to 10% per annum) make them more attractive to insurance companies. b. High turn over rates will not result in longer waiting periods for such benefits as disability and long. term care. c. High turn over rates diminish the value of past claims experience. d. High turn over rates will result in higher group premiums