Which of the following statements about a contributory group life insurance plan is CORRECT?

Insurance

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Which of the following statements about a contributory group life insurance plan is CORRECT?

A) All eligible employees must participate in the plan.

B) The employer must pay for the entire cost of the insurance program.

C) At least 70% of eligible employees must participate in the plan.

D) The employees must pay for part of the cost of the insurance program.

Answer: The employees must pay for part of the cost of the insurance program.

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