If an employee decides to cancel a group life insurance plan, it must give at least______ days notice to the employees prior to the date of cancellation or discontinuation.

Prepare for the Connecticut LAH Exam. Study with flashcards and multiple choice questions. Each question provides hints and explanations to boost comprehension. Get ready for your exam!

The requirement for an employee to provide notice prior to the cancellation or discontinuation of a group life insurance plan is established to ensure that all affected employees have enough time to prepare for the change. Commonly, a notification period of 15 days is mandated because it strikes a balance between being prompt enough to inform employees of impending changes while also allowing them sufficient time to consider their options and make any necessary arrangements, such as obtaining individual coverage if needed.

This 15-day notice period is especially important in the context of group life insurance, where employees may depend on this benefit as part of their overall compensation and security. By providing this notice, employees can avoid potential lapses in coverage and are afforded the opportunity to explore alternative insurance options well before the group plan is discontinued. Therefore, this choice reflects the standard practice concerning notification in the context of group life insurance plans.

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