What is typically true about the cost of group life insurance for employees?

Group life insurance is generally considered a valuable employee benefit that many organizations choose to offer as part of their overall compensation package. It is often provided at little to no cost to employees, which makes it an attractive option for employers looking to enhance employee satisfaction and retention. This low cost to employees is possible because the premiums for group life insurance are typically lower than those for individual policies. This is due to the risk being spread across a larger pool of individuals, which reduces the overall cost.

While it is true that sometimes there may be employee contributions toward the premium, it is more common for employers to fully cover the cost for group life insurance, especially for basic coverage. This can vary, but the general trend is that many employers do provide this benefit at no cost to employees, making option B the most accurate statement in this context.

The other options do not accurately reflect typical practices in group life insurance cost structure. For instance, while some organizations might have varying costs, the statement about costs varying greatly between organizations does not negate the fact that many employers provide group life insurance free of charge. Additionally, while group life insurance may not always be offered to part-time employees, making a definitive claim that it is always available to them is too broad and not reflective