All of the Following Statements About Group Universal Life Insurance

All of the following statements about group universal life insurance are true EXCEPT

A) Interest rates credited to a policy vary over time but are subject to a minimum guarantee.
B) Premiums can be varied as long as the cash value is sufficient to pay current mortality and expense charges.
C) Coverage is issued on a guaranteed basis up to certain limits with no evidence of insurability.
D) At retirement,an employee must begin liquidating his or her cash value in the form of an annuity.