group insurance

American  

noun

1. 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.

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group insurance British  

noun

1. insurance relating to life, health, or accident and covering several persons, esp the employees of a firm, under a single contract at reduced premiums

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Etymology

Origin of group insurance

First recorded in 1910–15

Example Sentences

He thinks there should be "a group insurance policy" available for small animals like his.

From BBC • Apr. 21, 2026

The group forecasts around 6.3 billion euros in net profit on group insurance revenue of around 64 billion euros, with a return on investment above 3.5%.

From The Wall Street Journal • Feb. 26, 2026

In some of the states, workers in group insurance plans regulated by the state — called “fully insured” plans — also receive those protections, the analysis found.

From Scientific American • Mar. 31, 2023

Its employer group insurance business includes both fully-insured health insurance plans purchased by employers, as well as employer-sponsored health plans run by Humana.

From Reuters • Feb. 23, 2023

In keeping with the Group Life Insurance Act passed in the 83rd Congress, this protection should be provided on the group insurance principle and purchased from private facilities.

From State of the Union Address by Eisenhower, Dwight D. (Dwight David)