NOUN
- insurance that is purchased by a group (such as the employees of a company) usually at a reduced rate to individual members of the group
How To Use group insurance In A Sentence
- The bank is planning to offer a group insurance cover for its depositors and a loan cover term assurance plan for its borrowers.
- Now, PALIC will provide its high-quality services to group insurance customers, offering an array of tailor-made life, medical, and accidental insurance-solutions to corporate customers.
- Retirement Fund Solutions is the second largest focused provider of fund administration and group insurance broking services to Namibian retirement funds.
- The same goes for shiatsu and acupuncture, which are only covered by specific group insurance company policy's extended health benefits.
- Non-group insurance is expensive: premiums and deductibles are higher and overall plan benefits are less generous than for group plans.
- In that case the insured claimed a monthly income benefit under a group insurance policy.
- Allow insurers to expand their product offerings to include group insurance, health and pension plans.
- Non-group insurance is expensive: premiums and deductibles are higher and overall plan benefits are less generous than for group plans.
