Identify the correct statement about the administration of group insurance.
A) The insurer may be responsible for the record keeping of the contract, which is ordinarily done by the employer.
B) If employees are required to contribute toward the premium, the insurer is responsible for collection or payroll deduction of employee contributions.
C) The contract is made with the employer rather than with each individual.
D) The employer provides each insured employee with a master contract as evidence of participation.
E) Eligibility for these contracts involves proving individual insurability.
Correct Answer:
Verified
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