GROUP INSURANCE

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does group insurance mean? 

• GROUP INSURANCE (noun)
  The noun GROUP INSURANCE has 1 sense:

1. 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

  Familiarity information: GROUP INSURANCE used as a noun is very rare.

 Dictionary entry details 

• GROUP INSURANCE (noun)

Sense 1

Meaning:

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

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("group insurance" is a kind of...):

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)