Group Life Insurance Is

Multiple Choice

Group life insurance is:

A) a term policy designed to pay off the mortgage balance in the event of the borrower's death.
B) insurance that is sold in conjunction with the sale of a group of assets.
C) insurance in which benefits are a function of the returns being generated on the investments selected by the policyholder.
D) insurance that provides a master policy for a group.
E) insurance that issues many master policies for an insured.