asked 50.8k views
0 votes
J owns a business and has a group life policy coverage on her employees. J decides to cancel the policy by letting it lapse on the renewal date. What action must be taken?

asked
User Rocketq
by
8.5k points

1 Answer

1 vote

An insurer must notify each certificate holder (employee) when the master policy has expired or is being cancelled. The insurer may take such action through the policyholder (employer).

answered
User Ccpizza
by
8.2k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.