Which of the following could be the basis of the cover in a group policy?

The correct answer is D. All of the above.

A group policy is a type of life insurance policy that is issued to a group of people, such as employees of a company or members of a club. The premium for a group policy is usually lower than the premium for an individual policy, because the risk is spread out over a larger number of people.

The basis of the cover in a group policy can be any of the following:

• The height of the life insured: This is usually only used for life insurance policies that are issued to children, as it is a good indicator of their future health.
• The age of the life insured: This is the most common basis for group life insurance policies, as it is a good indicator of the risk of death.
• The size of the insured’s family: This is sometimes used as a basis for group life insurance policies, as it is a good indicator of the financial needs of the family if the life insured dies.

In some cases, a group policy may be issued based on a combination of these factors. For example, a policy may be issued to employees of a company, with the premium being based on the employee’s age and height.