Which of the following statements about group insurance is true? A) I

Which of the following statements about group insurance is true?

A) Individual contracts are issued to each person covered under a group insurance plan.
B) The cost of group insurance is usually higher on a per-person basis than the cost of individual insurance.
C) The actual experience of a large group is a factor in determining the premium that is charged.
D) Individual evidence of insurability is usually required.

ANSWER

Answer: C