1Z0-1053-21 Exam Question 6

A single Life Event can have multiple uses. Which two statements about the usage of Life events are TRUE?
  • 1Z0-1053-21 Exam Question 7

    You are a benefits consultant implementing for a company that offers a life Insurance plan for employees with only one option -Employee Plus Family. The rate for this option is dependent on various factor5 like age/smoking status/gender:

    A female employee in the under 40 age group, who is a smoker, wants to purchase $100,000 of life insurance.
    The plan would be 2.1 (100,000 * 0.21/1000), considering 5100,000 is the coverage she opts for. The calculation is -> {Coverage* [{Rate applied as per gender/smoking status/ aqe)/1000l).
    How can you configure a rate for the company's plan?
  • 1Z0-1053-21 Exam Question 8

    What are the different types of open enrollment options available under Scheduled tab in program?
  • 1Z0-1053-21 Exam Question 9

    Which two are correct processes regarding performing the Benefits Extractsetup?
  • 1Z0-1053-21 Exam Question 10

    Given that premiums are calculated on a monthly basis in accordance with the most common business of benefit suppliers.
    What can you define so that participants who are covered by a plan for less than a full have no premium obligation?