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

Which benefit object must be created prior to creating an option?

Options :

A : Rate

B : Plan Type

C : Plan

D : Coverage

Answer: B

Question 3

A benefits administrator can see these statuses of life events1. New Hire processed on 28-Apr-2016.2. Marriage detected on 1-Jun-2016.What do these statuses imply?

Options :

A : New Hire LE is complete but not closed. Marriage LE is triggered but has not yet made elections.

B : New Hire l-E is complete and closed. Marriage IE is triggered but has not yet made elections.

C : New Hire IF is complete and closed. Marriage LE is triggered and has made elections.

D : New Hire LE is complete and closed. Marriage LE is triggered because of the data change.

Answer: D

Question 4

The reinstatement rule enables you to restore elections during which two events?

Options :

A : The open event was backed out by the administrator from the Benefits Service Center.

B : The intervening life event activated the open event.

C : An intervening life event backed out the open event.

D : The open event was accidentally backed out.

Answer: C,D

Question 5

A company wants to display the following text on its Benefit Employee Self Service:“Your core annual holiday benefit comprises 20 days of holidays and 8 public holidays. You can purchaseadditional days through the.”How do you configure this?

Options :

A : Configure plan type grouping display -> administration usage -> self-service description text

B : Configure plan type grouping display -> self-service usage -> self-service description text

C : Manage enrollment authorization -> administration usage -> self-service description text

D : Manage enrollment authorization -> self-service usage -> self-service description text

Answer: C