Group insurance is an insurance that covers a group of people, for example the members of a society or professional association, or the employees of a particular employer for the purpose of taking insurance. Group coverage can help reduce the problem of adverse selection by creating a pool of people eligible to purchase insurance who belong to the group for reasons other than the wish to buy insurance. Grouping individuals together allows insurance companies to give lower rates to companies, "Providing large volume of business to insurance companies gives us greater bargaining power for clients, resulting in cheaper group rates."
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| - Group insurance (en)
- 단체보험 (ko)
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| - 단체보험(團體保險)이란 회사, 공장 등 일정한 단체의 구성원의 전부 또는 일부를 포괄적으로 피보험자로 하여 그의 생명 신체에 관한 사고를 보험사고로 하는 생명보험 또는 상해보험을 말한다. (ko)
- Group insurance is an insurance that covers a group of people, for example the members of a society or professional association, or the employees of a particular employer for the purpose of taking insurance. Group coverage can help reduce the problem of adverse selection by creating a pool of people eligible to purchase insurance who belong to the group for reasons other than the wish to buy insurance. Grouping individuals together allows insurance companies to give lower rates to companies, "Providing large volume of business to insurance companies gives us greater bargaining power for clients, resulting in cheaper group rates." (en)
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| - Group insurance is an insurance that covers a group of people, for example the members of a society or professional association, or the employees of a particular employer for the purpose of taking insurance. Group coverage can help reduce the problem of adverse selection by creating a pool of people eligible to purchase insurance who belong to the group for reasons other than the wish to buy insurance. Grouping individuals together allows insurance companies to give lower rates to companies, "Providing large volume of business to insurance companies gives us greater bargaining power for clients, resulting in cheaper group rates." Group insurance may offer life insurance, health insurance, and/or some other types of personal insurance. (en)
- 단체보험(團體保險)이란 회사, 공장 등 일정한 단체의 구성원의 전부 또는 일부를 포괄적으로 피보험자로 하여 그의 생명 신체에 관한 사고를 보험사고로 하는 생명보험 또는 상해보험을 말한다. (ko)
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