Which of the Following Statements About Group Term Life Insurance

question 34

Multiple Choice

Which of the following statements about group term life insurance is true?

• A)It usually is written in the form of 5-year level term insurance.
• B)An employee who leaves the group can usually convert the coverage to an individual term life insurance policy.
• C)Many employers provide a reduced amount of coverage on retired employees.
• D)It represents only about 5 percent of the group life insurance in force.

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