Group term life insurance and group universal life, Finance Basics

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Group term life insurance and group universal life

Group term life insurance and group universal life insurance have different characteristics and objectives. Compare (1) group term insurance with (2) group universal life insurance with respect to each of the following:

a. Period of protection provided
b. Right to continue the coverage after termination of employment c. Availability of employer contributions

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Finance Basics: Group term life insurance and group universal life

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Finance Basics: Group term life insurance and group universal life

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