Benefits of Group Insurance
Group insurance is insurance that covers a group of people,
the associates of a company, and employees of an
association. Group coverage can help reduce the problem
of adverse selection by creating a group of eligible people
who are willing to buy insurance in a group. Some people
buy individual insurance.
Positive work environment.
Lower cost due to a large risk pool.
Group Accident/Supplemental Insurance.
Small business health insurance can save money.
Tax incentives for offering health insurance to
employees.