1. What is the meaning of group insurance and what are its characteristics?
1, group insurance replaces the choice of individual insured with collective choice, which is essentially different from individual insurance. As a group, an insurance policy can cover hundreds, thousands or even tens of thousands of people. How about PICC insurance? I just sorted out the relevant contents, hoping to help you: How is PICC China? Do you have any insurance recommendations?
2. A major feature of group insurance is that the adverse selection factors caused by poor health are very small, which means that members insured by group insurance do not need to participate in physical examination. I just sorted out the relevant contents about buying insurance for physical examination, hoping to help you: Do you need a physical examination before buying insurance?
The rate of group insurance is very favorable, because it can greatly reduce the internal management cost of insurance companies.
2. What are the classifications of group insurance?
1. The classification standard of group insurance can refer to general insurance. One is group health insurance closely related to health, including critical illness insurance, hospitalization subsidy insurance and hospitalization expense insurance. These group health insurance can reduce the heavy economic burden of the insured due to illness.
2. Common group insurance includes group accident insurance, which has the characteristics of low premium and high guarantee. Its main function is to transfer a series of risks and losses of financial pressure caused by accidental injuries to enterprises and institutions.
3. Group life insurance is also a major category of group insurance, including group endowment insurance and group term insurance. Group life insurance will collect premiums according to the age and gender of the insured, which can not only provide death protection for employees, but also supplement the insufficient part of social endowment insurance. What are the good life insurance recommendations? I just sorted out the relevant contents, hoping to help you: the top ten insurance companies selling life insurance in 2020!
Third, the coverage of group insurance.
1. After understanding the meaning of group insurance, let's learn about its coverage. Usually, companies will choose to buy group insurance for their employees. This is not only beneficial to the enterprise itself, but also enables the enterprise to win bank loans, borrowing funds or mortgage loans.
2. Internationally, the mainstream of group insurance has become a welfare protection plan for employees. Developing this group insurance will also be a rare good momentum.
Regarding the question of what group insurance means, I believe a clear logical framework has been formed in everyone's mind. As long as you live in society and work in an enterprise, you will be exposed to group insurance. It is also helpful to know more.