group insurance
group insurance n: insurance issued upon a group of persons under a single or blanket insurance policy

Merriam-Webster’s Dictionary of Law. . 1996.

group insurance
A single insurance policy, such as life or health insurance, under which individuals in a group — for example, employees (and sometimes their dependents) — are covered, as long as they remain part of the group.
Category: Employment Law & HR
Category: Personal Finance & Retirement

Nolo’s Plain-English Law Dictionary. . 2009.

Look at other dictionaries:

  • 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 — 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

  • group insurance — 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… …   Ballentine's law 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

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