Arkansas Life and Health Insurance Practice Exam

Under a group life insurance policy, what types of employees are eligible for coverage?

1. Only full-time employees

2. All employees, both active and retired

3. All active employees

4. Only salaried employees

The correct answer is: Only full-time employees

Under a group life insurance policy, typically only full-time employees are eligible for coverage. This is because group life insurance policies are commonly offered as a benefit to full-time employees by their employer. Part-time or temporary employees might not be eligible for coverage under such policies. It is important for insurance companies to ensure that the individuals covered under the group policy are consistent with the guidelines set by the employer who is sponsoring the policy.