Please answer all questions below. 4) Which of the following statements about group term life insurance is true? A) It u

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Please answer all questions below.
4) Which of the following statements about group term lifeinsurance is true?
A) It usually is written in the form of 5-year level terminsurance.
B) An employee who leaves the group can usually convert thecoverage to an individual term life insurance policy.
C) Many employers provide a reduced amount of coverage onretired employees.
D) It represents only about 5 percent of the group lifeinsurance in force.
6) Which of the following statements about group universal lifeinsurance is true?
A) The interest rate credited to a policy varies over time, butis subject to a minimum guarantee.
B) The employee selects where the cash value of the policy isinvested.
C) The coverage is not convertible to individual insurance ifthe employee leaves the group.
D) The employer usually funds most of the cost of groupuniversal life insurance.