With a group life insurance,physical examination is usually required for coverage.

Question

Quizplus · Accepted Answer

With group life insurance, physical examination is not usually required for coverage. This is because the insurer assumes that the risk is spread across a group of people, which reduces the likelihood of adverse selection. However, some employers may require a physical exam for employees who want to enroll in the group life insurance plan if the coverage amount is high or if the employee has a pre-existing medical condition.

With a Group Life Insurance,physical Examination Is Usually Required for Coverage