Solved

Which of the Following Statements About Group Universal Life Insurance

Question 2

Multiple Choice

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


A) The interest rate credited to a policy varies over time,but is subject to a minimum guarantee.
B) The employee selects where the cash value of the policy is invested.
C) The coverage is not convertible to individual insurance if the employee leaves the group.
D) The employer usually funds most of the cost of group universal life insurance.

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents