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?
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?
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.
Answer: A. The purpose of the group was to purchase life insurance.