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Group Life Insurance Is Considered a Deferred Compensation Plan

question 52

True/False

Group life insurance is considered a deferred compensation plan.


Definitions:

Illegal Discrimination

Unfair or unequal treatment of an individual or group based on certain characteristics, such as age, gender, race, religion, or disability, which is prohibited by law.

Occupational Safety

The discipline focused on safeguarding the health and well-being of employees in the workplace by preventing and controlling occupational hazards and accidents.

Health Act

Legislation aimed at regulating healthcare standards, practices, and provisions to protect public health.

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