Group life insurance programs are designed to offer affordable coverage to a natural group, such as employees of an employer or members of an association and their families. A single contract is provided for the entire group which outlines the standard benefits, terms and provisions that apply to all members of the group. Normally the life insurance benefits offered are based on the compensation earned by the individual member.
Most of the group life insurance programs also offer members the ability to convert to other permanent, whole or term life products upon termination of employment. Individual certificates are usually issued to the members to verify that they are covered.
Health insurance coverage for specified dental services, most often provided on a group basis. Usually written in three tiers: preventive services, minor work, major work.
Group insurance programs are designed to offer affordable health coverage to a natural group, such as employees of an employer or members of an association and their families. A single contract is provided for the entire group which outlines the standard benefits, terms and provisions that apply to all members of the group. Individual certificates are usually issued to the members to verify that they are covered.
A disability insurance usually covering less than one year, such as a often 13-26 or a 52-week plan. Short Term Disability plans are often sold as part of an employee benefits plan and are also known as "weekly income plans."
A disability insurance designed to offer income payments for long-term injuries, illnesses or other disabilities. A "Long-term" period is often considered a time over 90 days.