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4. Which of the following statements concerning group life insurance carve-outs is correct? A. They are...

4. Which of the following statements concerning group life insurance carve-outs is correct? A. They are most likely to be used for low-income, hourly employees. B. They are most often used for union employees. C. They are usually funded with term insurance. D. They are fully deductible to the employer as long as the employee's overall compensation is reasonable.

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Expert Solution

D) They are fully deductible to the employer as long as the employees overall compensation is reasonable.

jeff jeffy answered 2 years ago
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