MLchartDataset catalogue

Master policy

Term · Insurance and risk management · MLC-T-INS-002137

A single insurance contract issued to an organization or group, such as an employer, association, or trust, that covers multiple individuals or entities under its terms. Each covered individual or entity receives a certificate of insurance as proof of coverage under the master policy. This arrangement is common in group life, health, and some property insurance programs.

Table 1. Record
IdentifierMLC-T-INS-002137
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002137",
  "term": "Master policy",
  "field": "Insurance and risk management",
  "definition": "A single insurance contract issued to an organization or group, such as an employer, association, or trust, that covers multiple individuals or entities under its terms. Each covered individual or entity receives a certificate of insurance as proof of coverage under the master policy. This arrangement is common in group life, health, and some property insurance programs.",
  "url": "https://mlchart.com/terminology/insurance/master-policy/"
}

Record 2,079 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.