Group insurance
What is Group Insurance?
Group insurance is a type of insurance policy that provides coverage to a group of people who share a common characteristic, such as being employees of the same company or members of the same organization. Group insurance policies are typically provided by employers, unions, or other organizations as a benefit to their members or employees. Common types of group insurance include group health insurance, group life insurance, and group disability insurance. The premiums for group insurance policies are often lower than individual insurance policies because the risk is spread among a larger pool of people. Group insurance policies may also offer more comprehensive coverage and may have fewer restrictions and exclusions compared to individual policies.
Insurance carriers
