MLchartDataset catalogue

Group insurance

Term · Law · MLC-T-LAW-002366

A single insurance policy that covers a group of people, typically employees of a company or members of an organization, under one contract. This type of insurance offers coverage at a lower cost per person than individual policies due to the larger risk pool and administrative efficiencies. Common forms include group health, life, and disability insurance.

Table 1. Record
IdentifierMLC-T-LAW-002366
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-002366",
  "term": "Group insurance",
  "field": "Law",
  "definition": "A single insurance policy that covers a group of people, typically employees of a company or members of an organization, under one contract. This type of insurance offers coverage at a lower cost per person than individual policies due to the larger risk pool and administrative efficiencies. Common forms include group health, life, and disability insurance.",
  "url": "https://mlchart.com/terminology/law/group-insurance/"
}

Record 2,279 of 5,441 in Law terminology (MLC-0107). Request the full dataset.