group insurance
noun
life, accident, or health insurance available to a group of persons, as the employees of a company, under a single contract, usually without regard to physical condition or age of the individuals.
Origin of group insurance
First recorded in 1910–15
Words nearby group insurance
group captain,
group dynamics,
group genitive,
group grope,
group home,
group insurance,
group life insurance,
group marriage,
group of eight,
group of five,
group of seven
British Dictionary definitions for group insurance
group insurance
noun
mainly US and Canadian
insurance relating to life, health, or accident and covering several persons, esp the employees of a firm, under a single contract at reduced premiums