group insurance

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Definitions from WordNet

Noun group insurance has 1 sense

group insurance - 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
--₁ is a kind of insurance

Definitions from the Web

Group Insurance

Description:

Group insurance refers to an insurance policy that covers a group of individuals, typically employees of a company or members of an organization, under a single master policy. It offers coverage to the entire group, providing the benefits of insurance at a potentially lower cost compared to individual insurance policies.

Sample Sentences:

Our company provides group insurance coverage to all its employees.
Joining an organization can often grant you access to affordable group insurance.
Group insurance plans usually offer a wider range of benefits.
It is mandatory for every member of the team to enroll in the group insurance offered by the company.

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