- A contract providing life, accident or health insurance for the members of a defined group of persons, usually the employees of a business or industry, or of such part of them as desire to participate and are eligible under the arrangement or plan provided, the conditions of the contract being stated in a master policy and the participation by an individual being noted in a certificate issued to him.
Ballentine's law dictionary. Anderson, W.S.. 1998.
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group insurance — Insurance coverage for a group, which can usually be obtained at a cheaper rate than insurance for an individual. Bloomberg Financial Dictionary * * * group insurance group insurance ➔ insurance * * * group insurance UK US noun [U] INSURANCE ►… … Financial and business terms
group insurance — n: insurance issued upon a group of persons under a single or blanket insurance policy Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. group insurance … Law dictionary
Group insurance — is an insurance that covers a group of people, usually who are the members of societies, employees of a common employer, or professionals in a common group.Group insurance may or may not be converted to individual coverage. As group insurance… … Wikipedia
group insurance — ☆ group insurance n. insurance, esp. life or health insurance, available to employees or members of an organization as a group at special, low rates … English World dictionary
group insurance — life, accident, or health insurance available to a group of persons, as the employees of a company, under a single contract, usually without regard to physical condition or age of the individuals. [1910 15] * * * insurance provided to… … Universalium
group insurance — 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 • Hypernyms: ↑insurance * * * noun : insurance issued upon a group of persons under a single or blanket… … Useful english dictionary
group insurance — group′ insur ance n. bus life, accident, or health insurance available to a group of persons, as the employees of a company, under a single contract • Etymology: 1910–15 … From formal English to slang
group insurance — low cost insurance which covers a group of people (rather than individuals) … English contemporary dictionary
insurance — in·sur·ance /in shu̇r əns, in ˌshu̇r / n 1: the action, process, or means of insuring or the state of being insured usu. against loss or damage by a contingent event (as death, fire, accident, or sickness) 2 a: the business of insuring persons or … Law dictionary
Group — can refer to: Sociology * Group action (sociology) * Group behaviour * Groups of people, a description of various different human groups ** Peer group ** Workgroup * Group dynamics * Group (sociology), a sub set of a culture or of a society *… … Wikipedia