Which of the following is not an advantage of group term life insurance

Which one of the following is not an advantage of group term life insurance? It is can be used as a standard investment option under the employer's 401(k) plan.

What are the disadvantages of group term insurance?

Cons Explained\n\n Often limited amount of coverage: Group term life insurance typically doesn't provide as large of a death benefit as you can get on your own. Depending on how much life insurance you need, it might be wise to purchase an individual plan as well.

Which is not an advantage of term plan?

A pure term insurance plan only provides life cover to the beneficiary in the event of life insured's untimely demise. It does not provide any benefit on maturity. However, you can get maturity benefit under term insurance plan if you opt for return of premium option.

What is not an advantage of life insurance?

There are a few disadvantages involved with buying life insurance, including the fact that you may have to pay high premiums if you have a pre-existing medical condition. In case of a term insurance plan, the policyholder will not receive any maturity benefit if he/she survives the term.

Which of the following is not a feature of term life insurance quizlet?

Which of the following is not a feature of term life insurance? Cash Value is not a feature of term life insurance. A "level term" policy means that the _________ remains the same throughout the entire policy period.