Group insurance
Term · Insurance and risk management · MLC-T-INS-001679
A single policy issued to a policyholder, such as an employer or association, that covers a group of individuals and sometimes their dependents. This master contract provides standardized benefits to all eligible members of the group, who receive certificates of insurance as proof of their coverage. Common forms include group life, health, and disability insurance, which are subject to regulations like the Employee Retirement Income Security Act (ERISA) of 1974 in the United States.
| Identifier | MLC-T-INS-001679 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-001679",
"term": "Group insurance",
"field": "Insurance and risk management",
"definition": "A single policy issued to a policyholder, such as an employer or association, that covers a group of individuals and sometimes their dependents. This master contract provides standardized benefits to all eligible members of the group, who receive certificates of insurance as proof of their coverage. Common forms include group life, health, and disability insurance, which are subject to regulations like the Employee Retirement Income Security Act (ERISA) of 1974 in the United States.",
"url": "https://mlchart.com/terminology/insurance/group-insurance/"
}
Record 1,598 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.