What must a group master policy include to constitute the entire contract?
A. Only the policy and employer statements.
B. The policy, application of the employer or representative, and individual applications.
C. Only individual applications of the insureds.
D. Policy statements and verbal agreements.
Answer (2)
A group master policy must include the policy, the employer's application, and individual applications to constitute the entire contract. These elements ensure clarity in the insurance agreement. The correct option is B.
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A group master policy must contain the policy, the application of the employer or representative, and individual applications to be considered the entire contract. These elements ensure clarity and enforceability in the insurance agreement. Each of these components plays a crucial role in defining the relationship between the insurer and the insured group. ;
