Jackie has just signed up to participate in her employer's franchise life insurance program. Which

of the following statements is CORRECT?

As the "sponsor" of the program, her employer collects premiums from her and remits them to

the insurance company.

(Franchise life insurance is a form of group insurance covering employees of a common

employer or are members of a common association. The employer or association is not the

master policyholder but simply a "sponsor". Each insured is g...
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