Which provision is NOT a requirement in a group life policy?

Which provision is NOT a requirement in a group life policy?

• A. Accidental death coverage
• B. Coverage for dependents
• C. A grace period for premium payment
• D. Conversion options for terminated members

Answer: (A)

In a group life policy, not all provisions are mandated; some are optional based on the insurer's offerings and the specific group plan design. Accidental death coverage is one such optional provision. While it can be a beneficial feature in a group life policy, it is not universally required. Coverage for dependents, a grace period for premium payment, and conversion options for terminated members are more standard requirements within group life policies. These features help ensure broader support for policyholders and their families, maintain coverage continuity, and provide options for members who leave the group. Thus, the lack of a requirement for accidental death coverage distinguishes it from the other provisions, making it the correct answer in this context.

In a group life policy, not all provisions are mandated; some are optional based on the insurer's offerings and the specific group plan design. Accidental death coverage is one such optional provision. While it can be a beneficial feature in a group life policy, it is not universally required.

Coverage for dependents, a grace period for premium payment, and conversion options for terminated members are more standard requirements within group life policies. These features help ensure broader support for policyholders and their families, maintain coverage continuity, and provide options for members who leave the group. Thus, the lack of a requirement for accidental death coverage distinguishes it from the other provisions, making it the correct answer in this context.