Group insurance is simply a method of insuring a group of individuals under one master contract and spreading both the risk and cost. Originally it was a method of spreading the cost of insurance amongst many people, and in the event one of the individuals suffered loss of life, there was a death benefit paid to the employees’ beneficiary. Since then, many other benefits have been added such as; dependent life insurance, health care, dental care, vision care, hospital, disability plans and so on…
Group Insurance Overview
Original price was: $10.99.$0.00Current price is: $0.00. $
Group insurance is simply a method of insuring a group of individuals under one master contract and spreading both the risk and cost. Originally it was a method of spreading the cost of insurance amongst many people, and in the event one of the individuals suffered loss of life, there was a death benefit paid to the employees’ beneficiary. Since then, many other benefits have been added such as; dependent life insurance, health care, dental care, vision care, hospital, disability plans and so on…