Please answer all questions below.

4) Which of the following statements about group term life insurance is true?

A) It usually is written in the form of 5-year level term insurance.

B) An employee who leaves the group can usually convert the coverage to an individual term life insurance policy.

C) Many employers provide a reduced amount of coverage on retired employees.

D) It represents only about 5 percent of the group life insurance in force.

6) Which of the following statements about group universal life insurance is true?

A) The interest rate credited to a policy varies over time, but is subject to a minimum guarantee.

B) The employee selects where the cash value of the policy is invested.

C) The coverage is not convertible to individual insurance if the employee leaves the group.

D) The employer usually funds most of the cost of group universal life insurance.