GBA 1 - Module 2 Correct Questions & Answers(GRADED A+)
6 views 0 purchase
Course
GBA 1 - Module 2
Institution
GBA 1 - Module 2
Benefit plan management - ANSWERThe activities of
plan design,
plan
administration,
and plan
funding.
Insurance solvency - ANSWERA regulatory
requirement
for financial
soundness.
Single‐employer plan - ANSWERPlans with the
most prevalent
type of plan
sponsor
Insurer's market c...
GBA 1 - Module 2 Correct Questions &
Answers(GRADED A+)
Benefit plan management - ANSWERThe activities of
plan design,
plan
administration,
and plan
funding.
Insurance solvency - ANSWERA regulatory
requirement
for financial
soundness.
Single‐employer plan - ANSWERPlans with the
most prevalent
type of plan
sponsor
Insurer's market conduct - ANSWERRegulatory
requirements
addressing
incorporation,
governance and
investment
management.
Multi‐employer plan (MEP) - ANSWERPlans covering
, employees
working under the
terms of a
collective
agreement.
Legal contracts - ANSWERA document
which indicates
the rights and
obligations of all
parties.
Minimum Continuing Capital and Surplus
Requirements (MCCSR) - ANSWERA minimum amount of
capital an insurer is
required to hold in
case actual payouts
differ significantly from
expected payouts
due to events beyond
insurer's control.
Association plan - ANSWERPlans offered to
employers in the
same industry or
type of business or
to individuals in the
same profession.
Creditor Plan - ANSWERPlans available to
individuals to
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller papersbyjol. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R233,57. You're not tied to anything after your purchase.
