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6 August, 01:21

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?

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  1. 6 August, 04:53
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    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).
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