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Question
______ provides life insurance cover to all employees under single insurance policy.
Fill in the Blanks
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Solution
Group life insurance provides life insurance cover to all employees under single insurance policy.
Explanation:
Group insurance provides life insurance cover to all employees under a single insurance policy. It is usually offered by employers as a benefit, covering many employees together at a lower cost compared to individual policies.
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Chapter 8: Staff Remuneration - EXERCISES [Page 116]
