In group life coverage, which of the following holds the master contract?

A. The insured employees
B. The employer
C. The insurance agent
D. The insurance company



Answer :

Final answer:

The employer typically holds the master contract in group life coverage, managing the coverage for the insured employees.


Explanation:

Master contract: In group life coverage, the employer holds the master contract. The employer is responsible for managing the group life coverage on behalf of the insured employees.


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