Group life

An employee with $25,000 group term life coverage was recently fired. This employee's group coverage may be converted to a

$25,000 individual whole life policy

which of the following is an Important underwriting principle of group life insurance

Everyone must be covered in the group

Which provision is not a requirement in a group life policy

accidental

Group life insurance policies are generally written as

annually renewable term

All individuals covered under a group contract will receive a(n)

certificate

Company XYZ offers a group term Life insurance plan to its employees. What does each employee covered under this plan receive

certificate of insurance

What type of group insurance plan involves employees sharing the cost

contributory plan

What group term life feature permits an individual to depart from the group and continue to be covered without providing evidence of insurability?

conversion

Under a trustee group life policy, who would be eligible for a certificate of coverage?

employee

Which of the following statements about a noncontributory Employee group life insurance is false

A minimum number of employees is required to participate