Final answer:
Group Life Insurance is usually written as: A. Decreasing Term
Step-by-step explanation:
Group Life Insurance is usually written as:
- A. Decreasing Term
- B. Annual Renewable Term
- C. Increasing Term
- D. Contributory Term
Group Life Insurance refers to a type of insurance policy that covers a group of individuals, such as employees of a company or members of an organization. It is commonly provided as a benefit by employers to their employees. In a group life insurance policy, the coverage amount is typically based on the employee's salary or a fixed amount predetermined by the employer. The premiums for group life insurance are often deducted from the employee's paycheck, making it a convenient and cost-effective option for obtaining life insurance coverage.