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Insurance purchased by a group of persons, such as the employees of a company, often at a reduced individual rate.
(Insurance) chiefly 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
life, accident, or health insurance available to a group of persons, as the employees of a company, under a single contract.
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|Noun||1.||group insurance - insurance that is purchased by a group (such as the employees of a company) usually at a reduced rate to individual members of the group|
insurance - promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company