group insurance (Meaning)
Wordnet
group insurance (n)
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
Synonyms & Antonyms of group insurance
No Synonyms and anytonyms found
group insurance Sentence Examples
- The company provides comprehensive group insurance coverage for all its employees.
- Group insurance premiums are typically lower than individual policies due to the sharing of risk.
- Many employer-sponsored group insurance plans include medical, dental, and vision coverage.
- Group insurance policies usually have a minimum number of participants required to be eligible.
- Participants in group insurance plans may be required to contribute a portion of the premiums.
- The employer is typically the policyholder for group insurance, but employees may have the option to enroll or decline coverage.
- Group insurance can help protect employees and their families from unexpected medical expenses.
- Some group insurance plans offer additional coverage options, such as life insurance or disability insurance.
- Group insurance can provide peace of mind to employees by knowing that they have access to quality healthcare.
- It is important to carefully review the terms and conditions of group insurance policies before enrolling.
FAQs About the word 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
No synonyms found.
No antonyms found.
The company provides comprehensive group insurance coverage for all its employees.
Group insurance premiums are typically lower than individual policies due to the sharing of risk.
Many employer-sponsored group insurance plans include medical, dental, and vision coverage.
Group insurance policies usually have a minimum number of participants required to be eligible.
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