All of the following are characteristics of a Group Life Insurance Plan EXCEPT

• A. Employer or group sponsor
• B. Individual underwriting
• C. Renewable term coverage
• D. Payroll deductions

Answer: (B)

Group life insurance is designed to cover members of a defined group under a master policy issued to the employer or group sponsor. Because the risk is pooled, underwriting is done for the group as a whole rather than for each individual; eligible participants often receive coverage with little or no medical underwriting, and there may be guaranteed issue up to a certain limit. The plan typically provides renewable term coverage, and premiums are commonly collected through payroll deductions. This structure means individual underwriting is not a characteristic of a group life plan, which is why that option is the exception.