Group insurance is insurance that covers a group of people, usually those who work for the same employer. The coverage is usually provided by the employer, but it can also be purchased by an organization, such as a union. Group insurance can be a great way to get coverage for yourself and your family at a lower cost than you would pay for individual insurance.
There are a few different types of group insurance, including health, life, and disability insurance. Health insurance is the most common type of group insurance. It can cover things like your medical bills, prescriptions, and mental health care. Life insurance can help your family financially if you die. Disability insurance can help you pay your bills if you become disabled and can't work.
Group insurance can be a great way to get coverage, but it's important to understand how it works and what your options are. You should also make sure you know what your group insurance policy covers and doesn't cover. If you have any questions, you should ask your employer or the organization that provides your group insurance.
