Do you have trouble answering the question ” A group of 15 skydivers met at a seminar and began talking about life insurance during a break. Because it was expensive to get individual life insurance, they decided to band together to form a small group so that they could qualify for group life insurance. After they applied for group life insurance, they were rejected. Why? ” related to the concept of Life Insurance? There’s no need to worry about it anymore. This post contains the correct answer to your question.
A group of 15 skydivers met at a seminar and began talking about life insurance during a break. Because it was expensive to get individual life insurance, they decided to band together to form a small group so that they could qualify for group life insurance. After they applied for group life insurance, they were rejected. Why?
Options
- A. The purpose of the group was to purchase life insurance.
- B. Their profession poses too high of a risk for the insurer.
- C. There are not enough people in the group to qualify for group life insurance.
- D. The group has not been established for long enough.
The Correct Answer Is:
- A. The purpose of the group was to purchase life insurance.
Conclusion:
The answer to your question “A group of 15 skydivers met at a seminar and began talking about life insurance during a break. Because it was expensive to get individual life insurance, they decided to band together to form a small group so that they could qualify for group life insurance. After they applied for group life insurance, they were rejected. Why?” should now be clear to you.
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