Which of the following statements regarding group life insurance is FALSE?
A) The premium is based on the insured's attained age at the time of conversion.
B) Conversion must be done within 31 days from the date coverage is lost.
C) The converted policy must be a term insurance policy, not permanent insurance.
D) No proof of insurability is required.
Ans: C) The converted policy must be a term insurance policy, not permanent insurance.
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