Group life insurance

Term · Insurance and risk management · MLC-T-INS-003665

A single contract that provides life insurance coverage to a group of people, such as employees of a company or members of an association. The policy is issued to the employer or organization, which then offers coverage to its eligible members, often without requiring individual medical examinations. Coverage amounts are frequently based on a multiple of salary or a flat sum.

Table 1. Record
Identifier	MLC-T-INS-003665
Field	Insurance and risk management

Record as JSON

{
  "id": "MLC-T-INS-003665",
  "term": "Group life insurance",
  "field": "Insurance and risk management",
  "definition": "A single contract that provides life insurance coverage to a group of people, such as employees of a company or members of an association. The policy is issued to the employer or organization, which then offers coverage to its eligible members, often without requiring individual medical examinations. Coverage amounts are frequently based on a multiple of salary or a flat sum.",
  "url": "https://mlchart.com/terminology/insurance/group-life-insurance/"
}

Record 1,599 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.