6/17/26, 9:41 AM CEBS - GBA 1 - Practice Exam Complete Test , Practice Questions, Verified Answer Key, and Study Guide for (Latest 2026 Edition)…
CEBS - GBA 1 - Practice Exam Complete Test ,
Practice Questions, Verified Answer Key, and
Study Guide for (Latest 2026 Edition)
Save Add to calendar
Terms in this set (98)
Which of the following statements The more unpredictable the event that will trigger a
correctly describes minimum claim, the larger the minimum group size and
requirements that group benefit premium requirements
plans typically must meet in order to
be prospectively rated on contract
renewal?
Which of the following statements It is a mathematical process that removes
correctly describes the term anomalies that should not appear in the mortality
graduation as it applies to mortality data
tables?
If the plan sponsor pays the Long-term disability (LTD)
premium, which of the following
group insured benefits is taxable to
the plan member?
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,6/17/26, 9:41 AM CEBS - GBA 1 - Practice Exam Complete Test , Practice Questions, Verified Answer Key, and Study Guide for (Latest 2026 Edition)…
Which of the following statements Plan features of both contributory and
correctly describes phases of a noncontributory benefit plans must be
group plan marketing? communicated to plan members during the
enrollment process
Which of the following statements The loss must have financial significance to the
correctly describes a characteristic insured (The loss must not be catastrophic to the
of an insurable risk? insurer. Option C: The loss must occur by chance.
Option D: The loss must be predictable for the
insurer.)
With respect to marketing a group They are involved in enrolling group members and
insurance plan, which of the installing new plans
following statements best describes
insurer representatives known as
account executives?
Which of the following statements Future probabilities of loss are not valid unless a
correctly describes the statistical large number of incidents exist to ensure the
concept known as the law of large outcomes are less likely to deviate
numbers?
Which of the following statements For self-insured plans with an administrative
correctly describes an insured plan services only (ASO) arrangement, the insurer bills
that is insurer-administered? the plan sponsor monthly for administration fees
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, 6/17/26, 9:41 AM CEBS - GBA 1 - Practice Exam Complete Test , Practice Questions, Verified Answer Key, and Study Guide for (Latest 2026 Edition)…
If the probability that an individual 0.855 (P (Survive both years) = (0.95) x (1 - 0.1) = 0.95
will live one year is 0.95 and the x 0.90 = 0.855.)
probability of dying in the following
year is 0.10, what is the probability
that an individual will survive both
years?
Which of the following statements An employee can enroll in the plan any time
correctly describes the group between his or her date of hire and the end of a
benefits enrollment process for new waiting period
employees?
A type of service offered under a Adjudicating and paying claims
third-party administrators (TPAs)
claims settlement only arrangement
is:
Unless otherwise specified in the The plan member retires (Unless otherwise
group insurance contract, a plan specified in the group insurance contract, the order
member's status under a group in which coverage terminates is effective the
benefits plan terminates the earliest earliest date the plan member retires, the plan
at which: member's service with the plan sponsor is
terminated, the plan member ceases active work,
and the plan member is no longer a member of an
eligible class and premium payments stop.)
https://quizlet.com/1190108329/cebs-gba-1-practice-exam-complete-test-practice-questions-verified-answer-key-and-study-guide-for-latest-2026-editi… 3/25
CEBS - GBA 1 - Practice Exam Complete Test ,
Practice Questions, Verified Answer Key, and
Study Guide for (Latest 2026 Edition)
Save Add to calendar
Terms in this set (98)
Which of the following statements The more unpredictable the event that will trigger a
correctly describes minimum claim, the larger the minimum group size and
requirements that group benefit premium requirements
plans typically must meet in order to
be prospectively rated on contract
renewal?
Which of the following statements It is a mathematical process that removes
correctly describes the term anomalies that should not appear in the mortality
graduation as it applies to mortality data
tables?
If the plan sponsor pays the Long-term disability (LTD)
premium, which of the following
group insured benefits is taxable to
the plan member?
https://quizlet.com/1190108329/cebs-gba-1-practice-exam-complete-test-practice-questions-verified-answer-key-and-study-guide-for-latest-2026-editi… 1/25
,6/17/26, 9:41 AM CEBS - GBA 1 - Practice Exam Complete Test , Practice Questions, Verified Answer Key, and Study Guide for (Latest 2026 Edition)…
Which of the following statements Plan features of both contributory and
correctly describes phases of a noncontributory benefit plans must be
group plan marketing? communicated to plan members during the
enrollment process
Which of the following statements The loss must have financial significance to the
correctly describes a characteristic insured (The loss must not be catastrophic to the
of an insurable risk? insurer. Option C: The loss must occur by chance.
Option D: The loss must be predictable for the
insurer.)
With respect to marketing a group They are involved in enrolling group members and
insurance plan, which of the installing new plans
following statements best describes
insurer representatives known as
account executives?
Which of the following statements Future probabilities of loss are not valid unless a
correctly describes the statistical large number of incidents exist to ensure the
concept known as the law of large outcomes are less likely to deviate
numbers?
Which of the following statements For self-insured plans with an administrative
correctly describes an insured plan services only (ASO) arrangement, the insurer bills
that is insurer-administered? the plan sponsor monthly for administration fees
https://quizlet.com/1190108329/cebs-gba-1-practice-exam-complete-test-practice-questions-verified-answer-key-and-study-guide-for-latest-2026-editi… 2/25
, 6/17/26, 9:41 AM CEBS - GBA 1 - Practice Exam Complete Test , Practice Questions, Verified Answer Key, and Study Guide for (Latest 2026 Edition)…
If the probability that an individual 0.855 (P (Survive both years) = (0.95) x (1 - 0.1) = 0.95
will live one year is 0.95 and the x 0.90 = 0.855.)
probability of dying in the following
year is 0.10, what is the probability
that an individual will survive both
years?
Which of the following statements An employee can enroll in the plan any time
correctly describes the group between his or her date of hire and the end of a
benefits enrollment process for new waiting period
employees?
A type of service offered under a Adjudicating and paying claims
third-party administrators (TPAs)
claims settlement only arrangement
is:
Unless otherwise specified in the The plan member retires (Unless otherwise
group insurance contract, a plan specified in the group insurance contract, the order
member's status under a group in which coverage terminates is effective the
benefits plan terminates the earliest earliest date the plan member retires, the plan
at which: member's service with the plan sponsor is
terminated, the plan member ceases active work,
and the plan member is no longer a member of an
eligible class and premium payments stop.)
https://quizlet.com/1190108329/cebs-gba-1-practice-exam-complete-test-practice-questions-verified-answer-key-and-study-guide-for-latest-2026-editi… 3/25
