Question

Choose the correct option. (i) In a group health insurance, any of the individual constituting the group could anti-select against the insurer. (ii) Group health insurance provides coverage only to employer-employee groups.

a.

Statement i is true and statement ii is false

b.

Statement ii is true and statement i is false

c.

Statement i and statement ii are true

d.

Statement i and statement ii are false

Posted under IC38 Life Insurance Agent Exam

Answer: (d).Statement i and statement ii are false Explanation:Both statements are false. In a group health insurance policy, it is not possible for any individual in the group to anti-select against the insurer, and group health insurance can cover various types of groups beyond just employer-employee groups.

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Q. Choose the correct option. (i) In a group health insurance, any of the individual constituting the group could anti-select against the insurer. (ii) Group health insurance...
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