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Under A Trustee Group Life Policy. Group life insurance may be part of an employee benefit package. If its employees share in the cost of insurance, what type.
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In some instances, as a practical matter, the donor insured may pay the premium directly to the insurance company. Employee must convert group term life coverage into an individual term life policy employee must provide evidence of insurability for conversion policy proceeds will be paid if the employee dies during the conversion period policy proceeds will not be paid if the employee dies during the conversion period People insured under the policy can have different levels of benefit.
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3.2 if all or any part of the declaration and the rules is found to contravene section What is group life insurance? And when times are tough, it also offers support services to help employees cope with stress and grief. The correct answer is the entire cost of the plan is paid for by the employer.