Which of the Following Statements Is (Are)true with Regard to Group

question 41

Multiple Choice

Which of the following statements is (are) true with regard to group life insurance?
I.Most group life insurance is whole life coverage.
II.Most group life insurance plans allow a modest amount of life insurance on the employee's spouse and dependent children.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

Profitability

The capacity of a business or activity to generate earnings over its expenses, indicating financial health and success.

Organizing Data

The process of arranging and categorizing information to make it more understandable and usable.

Elimination of Alternatives

The process of systematically removing options to narrow down choices to the best possible solution.