What Is Group Insurance And Can I Find It Online?
Group insurance is a plan of health, life, auto, or homeowners insurance that covers a group of people rather than an individual. Group insurance policies are generally more affordable than individual insurance policies because policyholders dont normally pay the full premium. Theyre usually only responsible for co-payment.
The easiest way to get group insurance is through your employer. Most employers offer their employees a group health insurance package, and some offer life, auto, and homeowners insurance coverage, too. In the event you must pay some of the group insurance premium, an employer will normally deduct the amount from payroll. Most employer-sponsored group insurance benefits are available to a policyholders family members, too.
You can also obtain group insurance through any clubs, organizations, or associations with which youre affiliated. These include sororities and fraternities, college alumni associations, and senior citizen organizations. Some credit companies even offer group insurance as benefits for their cardholders.
Its pretty easy for employers or other organizations to find...