What is Group insurance?

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PostPosted: Mon Apr 24, 2006 9:57 am   Post subject: What is Group insurance?  

An insurance policy that provides the coverage for a number of people under one contract. Group insurance is generally applicable for the health services where the employees and sometimes their dependents are also covered through this policy. Because of the broader coverage, Group policies (life, health) are available at a cheaper rate as compared to the individual policies.
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PostPosted: Sat Jul 05, 2008 7:23 pm   Post subject: Group Insurance  

With G/I do the insureds get a coverage certificate, a policy with the ins. co. or have any obligations under the policy?

thank you.

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Shebrezee
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PostPosted: Sun Jul 20, 2008 9:02 pm   Post subject:   

Hi Shebrezee
With Group Insurance the employer (sponsor of group plan) gets a master copy of the policy. The insureds usually just get a card and booklet explaining coverages. Some group plans do provide a certificate.

I can't think of any obligations on the part of the insureds unless they are paying part of the premium. They do have an obligation to understand the policy and whats covered, not covered and how to claim

Is that what you were looking for?

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PostPosted: Wed Oct 14, 2009 1:50 pm   Post subject: about group health insurance  

I just want to know whether we have group health insurance in Chennai. if yes where do we have it
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PostPosted: Wed Oct 14, 2009 1:52 pm   Post subject: about group health insurance  

I just want to know whether we have group health insurance in Chennai. if yes where do we have it
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PostPosted: Tue Nov 17, 2009 10:13 pm   Post subject:   

Group insurance is generally provided by an employer or government agency - if you have questions about whther you have cover in place or who it is with you'd be best to discuss it with your employer.
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