Labor union group life insurance
Term · Insurance and risk management · MLC-T-INS-003674
A life insurance plan offered by a labor union to its members, structured as a group policy. The union is the master policyholder, and individual members receive certificates of insurance as evidence of their coverage. Premiums are typically paid by members through payroll deductions or directly to the union, and the plan is administered under the rules of the Taft-Hartley Act.
| Identifier | MLC-T-INS-003674 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-003674",
"term": "Labor union group life insurance",
"field": "Insurance and risk management",
"definition": "A life insurance plan offered by a labor union to its members, structured as a group policy. The union is the master policyholder, and individual members receive certificates of insurance as evidence of their coverage. Premiums are typically paid by members through payroll deductions or directly to the union, and the plan is administered under the rules of the Taft-Hartley Act.",
"url": "https://mlchart.com/terminology/insurance/labor-union-group-life-insurance/"
}
Record 1,894 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.