What is Group Insurance?Group insurance is coverage issued to a group of members as part of an employee benefits package, rather than insurance you purchase on your own. If you’ve ever enrolled in health, dental, vision, or other insurance coverage through your work, then you’re familiar with the concept of group insurance.
Typical Types of Group InsuranceCommon types of group insurance include health insurance, dental insurance, and life insurance. Although, there are a number of additional types of insurance that can be offered through your employer. Many supplemental insurances are extended to employees through group coverage as well. These can include:
Benefits of Group InsuranceGroup insurance coverage can be an excellent option if it’s available to you. It comes with a number of benefits that might make enrolling worthwhile, as outlined below.
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