Experience refund provisions of group insurance contracts are most often concerned with the manner of distributing any profits between the insurer and the insured group. The agreements usually contain provisions specifying how losses will affect the profit allocations for the insured group.

Experience refund provisions of group insurance contracts are most often concerned with the manner of distributing any profits between the insurer and the insured group. The agreements usually contain provisions specifying how losses will affect the profit allocations for the insured group.

In such situation:
A . Losses may or may not be charged back
B . Losses can never be charged back
C . Gains are distributed according to the agreement between both the parties
D . If charged back, losses for each group are usually accumulated for a certain number of years

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Answer: A,D