Which of the following describes group life insurance?

Insurance

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Which of the following describes group life insurance?

A

A single policy issued to a group of individuals who have formed an alliance to obtain life insurance at reduced rates.

B

Multiple policies issued to an employer to cover a specific group of executives

C

A single policy issued to an individual covering husband, wife and children

D

A single policy issued to a business to cover the lives of employees

Answer: D

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