A single policy covering a group of individuals, usually employees of the same company or members of the same association and their dependents. Coverage occurs under a master policy issued to the employer or association.

"Group Insurance" In Context

"Discontinuity of the product "If you have a group insurance policy with a bank and the policy is terminated, you will lose all the benefits you have accumulated in the product," says Meena Nair, assistant vice-president at India Insure Risk ..."