/ English Dictionary |
GROUP INSURANCE
Pronunciation (US): | (GB): |
I. (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)