What is group insurance? Can employees' families participate in group insurance?

1. What is group insurance?

Group insurance is an insurance business in which insurance companies provide insurance protection for many members of a group with insurance contracts. In group insurance, the "group" that meets the above conditions is the insured and the members of the group are the insured. Insurance companies issue master policies to the insured to provide supplementary medical expenses, pensions and old-age security plans for their members due to illness, disability, death and retirement.

Second, can employees' families participate in group insurance?

165438+1At the beginning of October, Pacific Life Insurance Company began to sell a new type of group insurance in Fujian-"Yiguigui" employee health comprehensive protection series combination. This is the first new group insurance product that Pacific Life has made every effort to create according to the redefinition of "group insurance" in the Notice on Regulating the Operation Behavior of Group Insurance issued by the China Insurance Regulatory Commission in August this year, and it is the first in China to launch a series of "expensive combination" products.

The new regulation of "group insurance" of CIRC: the minimum number of group insurance is changed from "8" to "5", that is, the insured can insure more than 5 specific members; At the same time, the insured personnel are also relaxed to "including members' spouses, children and parents". Therefore, China Pacific Life launched a series of products of "Combination is Expensive" employee health comprehensive protection plan, which turned the new regulations of the CIRC into reality.

From a global perspective, the development trend of modern employee welfare system consists of three levels: social insurance as the basis, enterprise commercial insurance as the supplement, and individual commercial insurance as the satisfaction. Internationally, group insurance has taken employee welfare plan as its main business direction from the beginning. After nearly a hundred years of development, employee welfare plan has become the mainstream of group insurance.

In countries and regions with developed economy and high degree of marketization, the most common form of employee welfare is that employers help employees buy workplace insurance. In addition to the fact that the insurance premium can be shared by the enterprise and employees, a major selling point of this kind of guarantee is that the insurance premium is directly allocated from the salary account every month, and parents, children and spouses can enjoy the guarantee. Even if employees leave the enterprise, they can still continue to pay as insured, and the original group still enjoys protection. In the United States, 59% of enterprises provide more than one employee purchase benefit plan, and another 25% of enterprises are considering implementing employee purchase benefit plan in the next two years. At present, enterprise annuity is in the stage of gradual promotion, and most enterprises' demand for employee benefits is mainly concentrated on guaranteed group insurance.

Following the current development trend of enterprise annuity, Pacific Life focuses on the needs of these enterprises, develops employee welfare plan products that meet the main needs of enterprises for group insurance protection, especially health protection, and carefully designs seven product combinations of "the combination is more expensive" employee welfare plan series.

Recently, in Fujian, the "He" series portfolio includes four products: He 'an, He Kang, He Shun and He Shun. The protection scope of this series of combined products covers four aspects: accidental injury, accidental injury medical treatment, major diseases and dividend-paying pension, and enterprises can choose according to different needs. In the choice of payment methods, not only a one-time payment method is set up, but also a monthly payment method is added.

The comprehensive employee health protection plan launched by Pacific Life can gain the recognition and support of enterprises without increasing the cost of enterprises, and provide employees with a comprehensive welfare protection plan that they voluntarily participate in, with preferential group prices and monthly premiums, and employees and enterprises share the premiums in the workplace, which really relieves the financial pressure for enterprises. In the past, many employee insurance plans only covered employees themselves, but not their families, which affected the enthusiasm of enterprises and employees to some extent. The series of products of "Together is Expensive" employee health comprehensive protection plan can well meet and adapt to this demand. At the same time, the series of protection plans also have the characteristics of simple and clear responsibilities, comprehensive protection, automatic renewal and simple procedures.