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Meaning of "group insurance" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF GROUP INSURANCE

group insurance play
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GRAMMATICAL CATEGORY OF GROUP INSURANCE

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Group insurance is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES GROUP INSURANCE MEAN IN ENGLISH?

Group insurance

'Group insurance' is an insurance that covers a group of people, usually who are the members of societies, employees of a common employer, or professionals in a common group. 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 for the purposes of obtaining insurance. In other words, people belong to the group not because they possess some high-risk factor which makes them more apt to purchase insurance; instead they are in the group for reasons unrelated to insurance, such as all working for a particular employer. Investopedia defines Group Life Insurance as "Life insurance offered by an employer or large-scale entity to its workers or members. Group life insurance is typically offered as a piece of a larger employer or membership benefit package.By purchasing coverage through a provider on a "wholesale" basis for its members, the coverage costs each individual worker/member much less than if they had to purchase an individual policy..

Definition of group insurance in the English dictionary

The definition of group insurance in the dictionary is insurance relating to life, health, or accident and covering several persons, esp the employees of a firm, under a single contract at reduced premiums.

WORDS THAT BEGIN LIKE GROUP INSURANCE

group
group captain
group dynamics
group marriage
Group of Eight
Group of Five
Group of Seven
Group of Seventy-Seven
Group of Ten
Group of Three
Group of Twenty Finance Ministers and Central Bank Governors
Group of Twenty-Four
group practice
group sex
group speed
group theory
group therapist
group therapy
group velocity
group work

WORDS THAT END LIKE GROUP INSURANCE

advance
appearance
assurance
car insurance
clearance
disappearance
endurance
entrance
fragrance
France
health insurance
ignorance
insurance
life insurance
put in an appearance
remembrance
tolerance
Torrance
trance
travel insurance
zero tolerance

Synonyms and antonyms of group insurance in the English dictionary of synonyms

SYNONYMS

Translation of «group insurance» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF GROUP INSURANCE

Find out the translation of group insurance to 25 languages with our English multilingual translator.
The translations of group insurance from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «group insurance» in English.

Translator English - Chinese

团体保险
1,325 millions of speakers

Translator English - Spanish

seguro de grupo
570 millions of speakers

English

group insurance
510 millions of speakers

Translator English - Hindi

समूह बीमा
380 millions of speakers
ar

Translator English - Arabic

التأمين الجماعي
280 millions of speakers

Translator English - Russian

страховая группа
278 millions of speakers

Translator English - Portuguese

seguro de grupo
270 millions of speakers

Translator English - Bengali

গ্রুপ বীমা
260 millions of speakers

Translator English - French

assurance collective
220 millions of speakers

Translator English - Malay

Insurans kumpulan
190 millions of speakers

Translator English - German

Gruppenversicherung
180 millions of speakers

Translator English - Japanese

団体保険
130 millions of speakers

Translator English - Korean

단체 보험
85 millions of speakers

Translator English - Javanese

Asuransi kelompok
85 millions of speakers
vi

Translator English - Vietnamese

tập đoàn bảo hiểm
80 millions of speakers

Translator English - Tamil

குழு காப்பீடு
75 millions of speakers

Translator English - Marathi

गट विमा
75 millions of speakers

Translator English - Turkish

Grup sigortası
70 millions of speakers

Translator English - Italian

assicurazione di gruppo
65 millions of speakers

Translator English - Polish

ubezpieczenia grupowe
50 millions of speakers

Translator English - Ukrainian

страхова група
40 millions of speakers

Translator English - Romanian

asigurare de grup
30 millions of speakers
el

Translator English - Greek

ασφαλιστικού ομίλου
15 millions of speakers
af

Translator English - Afrikaans

groep versekering
14 millions of speakers
sv

Translator English - Swedish

gruppförsäkring
10 millions of speakers
no

Translator English - Norwegian

kollektiv forsikring
5 millions of speakers

Trends of use of group insurance

TRENDS

TENDENCIES OF USE OF THE TERM «GROUP INSURANCE»

The term «group insurance» is regularly used and occupies the 66.223 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
69
/100
The map shown above gives the frequency of use of the term «group insurance» in the different countries.
Principal search tendencies and common uses of group insurance
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «group insurance».

FREQUENCY OF USE OF THE TERM «GROUP INSURANCE» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «group insurance» during the past 500 years. Its implementation is based on analysing how often the term «group insurance» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about group insurance

EXAMPLES

10 ENGLISH BOOKS RELATING TO «GROUP INSURANCE»

Discover the use of group insurance in the following bibliographical selection. Books relating to group insurance and brief extracts from same to provide context of its use in English literature.
1
Group Insurance
This text is a comprehensive treatment of all aspects of group insurance in the United States and Canada. It addresses life and health insurance as well as government programs and more specialized forms of insurance.
William F. Bluhm, 2012
2
Effective Statistical Methods for Group Insurance
The book provides analytical techniques useful in determining adequate, equitable, and competitive group health premiums.
Nanak Chand, 2003
3
Group insurance
pf CONTENTS PAGE Preface 6 Introduction 7-9 The Meaning of Group Insurance — The Forms of Coverage — Characteristics of Group Insurance — The Need for Group Insurance. Chapter I The History of Group Life Insurance 10-12 The ...
Francis Bernard Foley, Insurance Institute of America, 1934
4
Introduction to Group Insurance
Yet group insurance continues to play an integral part in any employee benefit plan. This text incorporates the basics of group insurance to assure that agents are versed in the objectives, design and implementation of group insurance.
Dearborn Financial Institute (Chicago Ill.), 1993
5
Group Insurance Handbook
Of use to those selling group insurance or who want to know about it from experts.
Robert D. Eilers, Robert M. Crowe, 1965
6
Introduction to Group Insurance
This course lays the groundwork for agents entering the group insurance market.It includes expanded coverage of cafeteria plans, group disability income plans, group long term care, and income tax treatment of group life insurance.Lively ...
‎2001
7
Life and Health Insurance License Exam Cram
Life and Health Insurance License Exam Cram is a great resource to help you learn the concepts, laws, rate calculations and state and federal regulations that will be covered on the exam.
Bisys Educational Services, 2004
8
Employee Benefits
The number of insurance companies writing coverage has also grown, but the number still remains relatively small and is primarily limited to the largest group insurance carriers. At best the growth of group long-term care insurance can be ...
Burton T. Beam, John J. McFadden, 2001
9
Health Policy, Federalism, and the American States
By exempting small firms from these mandates, small-group insurance premiums should be lower, and more small groups should be able to purchase health insurance. Some states have furthermore authorized insurers to market health ...
Robert F. Rich, William D. White, 1996
10
Health Insurance: Current Issues and Background
Of particular interest was a paucity of conclusive evidence on the price elasticity of demand for non-group insurance among those currently 27 See Gruber, Taxes and Health Insurance, pp. 12-25. 28 Ibid., p. 16. 29 Ibid., p. 19. 30 Ibid., p.
William S. Stevens, 2003

10 NEWS ITEMS WHICH INCLUDE THE TERM «GROUP INSURANCE»

Find out what the national and international press are talking about and how the term group insurance is used in the context of the following news items.
1
David Cameron is open to introducing private insurance for sickness …
Group insurance is the most expensive, the least scientific, and the clumsiest way of mobilizing collective security for the individual good. “… «The Independent, Jul 15»
2
New Tax Penalty Targets Health Reimbursement Accounts
... quite shocking, considering the difference between this fine and the one imposed on employers who fail to offer group insurance altogether. «Small Business Trends, Jul 15»
3
Now, insurers settle more than 95% death claims
Hence, the companies who have higher portfolio of claims from group insurance will be able to show better claim payment ratios," says V ... «Daily News & Analysis, Jul 15»
4
Aetna Is a Leading Healthcare Benefits Company
Products in the group insurance segment consist primarily of life insurance products, which generally consist of group term life insurance and ... «Market Realist, Jul 15»
5
Employees value life insurance but only half have cover
Research by Canada Life Group Insurance found 78% of the 600 respondents believed employers valued them more if they provided life ... «Workplace Savings & Benefits, Jul 15»
6
Stock Update (NYSE:PRU): Prudential partners with Girls Who Code …
The company's U.S. Individual Life and Group Insurance division provides individual variable life, term life, and universal life insurance ... «Jutia Group, Jul 15»
7
Security Life Insurance Company of America Announces Agent …
The Agent Incentive Program provides bonuses on top of standard commissions for Premier Choice and GemStar group insurance sales. «Virtual-Strategy Magazine, Jul 15»
8
Stock Rating Update on CNA Financial Corporation (NYSE:CNA)
Its property and casualty and remaining life and group insurance operations are primarily conducted by Continental Casualty Company, The ... «Investor Newswire, Jul 15»
9
Company Shares of China Life Insurance Company Limited Drops …
The Company operates its businesses through individual insurance business, group insurance business, short term insurance and serious ... «Insider Trading Report, Jul 15»
10
Life insurance premiums jump 24% in Apr-May
"Life insurers have increased their group insurance business as it involves fund management too. Also, the lapses are quite less in this ... «Business Standard, Jul 15»

REFERENCE
« EDUCALINGO. Group insurance [online]. Available <https://educalingo.com/en/dic-en/group-insurance>. Apr 2024 ».
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