Which of the following statements is true about group insurance?
A) It is insurance that is purchased by individuals and families for their risk needs.
B) It includes insurance like auto, homeowner, and long-term care.
C) It is property/casualty insurance for businesses and other organizations.
D) It covers property exposures such as direct and indirect losses of property caused by perils like fire, windstorm, and theft.
E) It is insurance provided by the employer for the benefit of employees.
Correct Answer:
Verified
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