Question

Employer noncontributory group life policies must allow for all of the following EXCEPT

A. conversion privilege
B. insured can determine the benefit amount
C. insured can name a beneficiary
D. minimum participation requirements

Answer 1

Employer noncontributory group life policies typically provide several benefits and options for insured employees. However, they do not typically allow for minimum participation requirements.

Step-by-step explanation:

An employer noncontributory group life policy is a type of life insurance policy provided by an employer for its employees, where the employer pays the full cost of the policy without requiring any contributions from the employees. In general, employer noncontributory group life policies provide certain benefits and options for the insured employees. However, one thing that these policies do not typically allow for is minimum participation requirements.

This means that an employer cannot set a minimum threshold or requirement for the number of employees who must participate in the group life policy in order for it to be effective. All eligible employees must be allowed to participate in the policy, regardless of the number of participants.