Which of the Following Statements Is True About Group Life

question 17

Multiple Choice

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

• A)Group life has been losing its popularity recently.
• B)The cost of insurance per $1,000 is the same for each employee.
• C)Group insurance is not a good bargain for older employees.
• D)Principles that apply to other forms of insurance do not apply to group life insurance.
• E)Group life is basically the same thing as term life insurancE.

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Definitions:

Armed Robberies

The act of stealing from someone or somewhere using weapons and force.

Organized Crime

Highly structured criminal networks engaged in illegal activities for profit, often involving extortion, drug trafficking, and corruption.

Yakuza

An organized crime syndicate originating in Japan, known for its strict codes of conduct and hierarchical structure.

Organized Crime

Structured groups engaged in illegal activities, such as drug trafficking, theft, and extortion, often with a hierarchical system of leadership.