Question 10011 of 303 · California Life-Only Agent Exam
An association group plan cannot be formed
Exactly one answer is correct.
You got of questions right. Here on the question pages nobody remembers which ones you got wrong. The trainer saves your progress and asks the mistakes again until they stick.
Or free: the 10 questions most people get wrong
Show solution
Correct answer to question 10011
- B: for the sole purpose of buying insurance
Explanation
The objectives specify that the association must not be formed for the purpose of buying insurance.
More questions: Group Life Insurance Plans
- 10012Which of the following is typical for group life insurance?
- 10013Incontestability in group life means that after a stated period the insurer
- 10014A domestic partner may be recognized under California group life provisions
- 10015Group life insurance cost per person is generally
- 10001In a group life insurance plan, the employer typically receives
- 10002A contributory group plan is one in which