Answered

If an employee is accepted into a group insurance plan, which status will the employee have?
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A. Policyholder
B. Certificate holder
C. Co-owner
D. Dependent



Answer :

If an employee is accepted into a group insurance plan, the status the employee will have is:

B. Certificate holder

Explanation:
1. A certificate holder is an individual covered under a group insurance policy.
2. In this scenario, when an employee is accepted into a group insurance plan, they become a certificate holder.
3. The certificate holder is entitled to the benefits provided by the group insurance plan as outlined in the certificate of insurance.
4. The policyholder is usually the employer or organization that sponsors the group insurance plan.
5. Dependent refers to a person who relies on the certificate holder for financial support and is covered under the same group insurance plan but in a different capacity.
6. Co-owner is not a typical status in the context of group insurance; the key statuses here are usually policyholder, certificate holder, and dependent.