With regards to group life insurance, which of the following statements are true?

1. An individual employee does not typically have the freedom to select a specific amount of insurance coverage, but rather the amount of coverage is typically a fixed dollar amount, or a variable amount in relationship to the employee's annual income. 2. There is typically a change in the premium rate each year. 3. Group insurance is normally a permanent type of insurance policy that provides long-term insurance protection for a significant number of Canadians. 4. An employee who participates in a group life insurance plan normally has the opportunity to designate a beneficiary. 5. Group life insurance plans typically do not apply age restrictions for participation in the plan.

A.	3, 4 and 5 only.
	B.	1, 2 and 4 only.
	C.	3 and 5 only.
	D.	1 and 2 only