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Corva IncProvides a Group Life Insurance for All Its Employees

Question 42

Multiple Choice

Corva Inc.provides a group life insurance for all its employees.Which of the following is true in this context?


A) Corva Inc. will be required to provide a minimum coverage of $5,000.
B) Employees at Corva Inc. will have to go through a physical examination.
C) Employees at Corva Inc. will have the option of purchasing more insurance at their own expense.
D) Corva Inc. will need to pay a higher premium and tax for employees earning above $35,000.

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