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Noncontributing, noncontributory

Term · Insurance and risk management · MLC-T-INS-002326

Describing an insurance plan or employee benefit where the employer pays the entire cost of the premiums, and employees are not required to contribute financially. This arrangement simplifies administration and often encourages higher participation rates among eligible employees. It is common in group life and disability insurance.

Table 1. Record
IdentifierMLC-T-INS-002326
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002326",
  "term": "Noncontributing, noncontributory",
  "field": "Insurance and risk management",
  "definition": "Describing an insurance plan or employee benefit where the employer pays the entire cost of the premiums, and employees are not required to contribute financially. This arrangement simplifies administration and often encourages higher participation rates among eligible employees. It is common in group life and disability insurance.",
  "url": "https://mlchart.com/terminology/insurance/noncontributing-noncontributory/"
}

Record 2,299 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.