Group life insurance
Term · Law · MLC-T-LAW-002367
A single contract of life insurance that covers 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 provides coverage to its members. Coverage amounts are often based on a multiple of salary or a flat sum for all eligible individuals.
| Identifier | MLC-T-LAW-002367 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-002367",
"term": "Group life insurance",
"field": "Law",
"definition": "A single contract of life insurance that covers 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 provides coverage to its members. Coverage amounts are often based on a multiple of salary or a flat sum for all eligible individuals.",
"url": "https://mlchart.com/terminology/law/group-life-insurance/"
}
Record 2,280 of 5,441 in Law terminology (MLC-0107). Request the full dataset.