Question

What aspect of the group scheme renewal process allows insurers to review their internal processes?

a.

Premium revisions

b.

Employee cost sharing

c.

Discussion of changes in scheme design

d.

Renewal of the scheme itself

Answer: (d).Renewal of the scheme itself Explanation:The renewal of the group scheme permits insurers to review their internal processes, ensuring that employees are properly distributed in various classes, underwriting guidelines are applied correctly, and administrative procedures are efficient.

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Q. What aspect of the group scheme renewal process allows insurers to review their internal processes?

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