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.
Correct Answer:
Verified
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