English

Group Insurance provides risk coverage to the employees as long as they remain in the service of the employer.

Advertisements
Advertisements

Question

Group Insurance provides risk coverage to the employees as long as they remain in the service of the employer.

Options

  • True

  • False

MCQ
True or False
Advertisements

Solution

True

Explanation:

Employer-sponsored group insurance policies are contingent on active employment. The risk coverage and benefits are tied to the company and naturally terminate once the employee leaves the organisation or retires.

shaalaa.com
  Is there an error in this question or solution?
Chapter 12: Industrial Relations, Trade Union and Social Security - EXERCISES [Page 222]

APPEARS IN

Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 12 Industrial Relations, Trade Union and Social Security
EXERCISES | Q 28. | Page 222
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×