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/ English Dictionary

GROUP INSURANCE

Pronunciation (US): Play  (GB): Play

 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 groupplay

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)

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