Question 1

You are a benefits consultant implementing for a company that offers a life Insurance plan for employees withonly one option -Employee Plus Family. The rate for this option is dependent on various factor5 likeage/smoking status/gender: 1-Z0-1053-20 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. Thecalculation is -> {Coverage* [{Rate applied as per gender/smoking status/ aqe)/1000l).How can you configure a rate for the company's plan?

Options :

A : Configure an eligibility profile with age-derived factors. Attach it to the plan. Then create a standard fate with the calculation method as Multiple of Coverage.

B : Configure a secondary rate with the calculation method as Multiple of Coverage.

C : Configure a fast formula calling this table. Configure a secondary standard rate with the calculation method as Formula. Then create another standard rate with type and the calculation method aS Multiple of Parent.

D : Configure a primary rate with the calculation method as Multiple of Coverage.

Answer: D

Question 2

The benefits administrator runs an open enrollment window on March 1, 2017 for Program: XX Life Insurance, but cannot find the life event date of March 15, 2017. What could be a reason for this?

Options :

A : The life event date configured for XX Life Program is not 15 March 2017

B : There is no configuration for open enrollment for the XX Life Program.

C : A cycle has already run for open enrollment, so no life event date is available.

D : The benefits administrator has a login from the previous date to that of 15 March 20l7.

Answer: D

Question 3

The benefits administrator has configured five rates for five different legal entities. After implementation, anemployee logs into the benefit self service. When selecting a plan, the employee cannot see the assigned rateamount to the plan under the rate section.Why can't the employee see the assigned rate amount?

Options :

A : The rate amount Is a variable rate for the employee-s legal employer.

B : The rate amount is of the unit of measure "Money".

C : The rate amount is not configured for the employee-s specific legal employer.

D : The rate amount "Assign on Enrollment" is enabled for five legal entities.

Answer: C

Question 4

What are the different types of open enrollment options available under Scheduled tab in program?

Options :

A : Open All and Unrestricted All

B : Open Scheduled and Unrestricted Scheduled

C : Open New Hire Enrollment and Unrestricted New Hire Enrollment

D : Open Enrollment and Open Unrestricted Enrollment

Answer: B

Question 5

What are the number of train stops available in the Benefits Enrollment self-service page for plan/program enrollment?

Options :

A : 5

B : 7

C : The number of train stops can be configured.

D : 6

Answer: C

Smartly Prepare Exam with Free Online 1D0-1053-25-D Practice Test

Buying Options: