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When a company insures the lives of all its employees collectively, the policy is

When a company insures the lives of all its employees collectively, the policy is
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  • A Accident insurance
  • B Fleet insurance
  • C Fidelity guarantee insurance
  • D Group insurance
Correct Answer: Option D
Explanation:
Group insurance is taken to cover a group of people or workers.These are policies on a collective basis,assuring members of a particular group such as football team or a group of employees of a firm.

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