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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 insurance may or may not be converted to individual coverage. As group insurance gets big business for an insurance company with minimum operational expenses (under one master policy issued to an employer, union or any recognised group), it is usually less expensive than individual policies.
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Last updated on Wednesday July 09, 2008 at 07:08:56 PDT (GMT -0700)
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This article is licensed under the GNU Free Documentation License.
Last updated on Wednesday July 09, 2008 at 07:08:56 PDT (GMT -0700)
View this article at Wikipedia.org - Edit this article at Wikipedia.org - Donate to the Wikimedia Foundation
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