Administration of group insurance differs from individual insurance because:
A)the risks involved are different.
B)each employee in a group insurance contract receives a master contract.
C)the employer of a large group can be responsible for the record keeping ordinarily done by the insurer.
D)group insurance does not involve the risk of adverse selection.
E)employers in a group insurance contract receive a certificate of insurance in recognition to the insurance provided to all or most of its employees.

Question

Quizplus · Accepted Answer

In group insurance, the employer often handles administrative tasks such as record keeping, which are typically managed by the insurer in individual insurance.

Administration of Group Insurance Differs from Individual Insurance Because