Re: any help for projects!!!!!1
ekta here is some brief about the both
Group Insurance
Group insurance is insurance that covers a group of people, usually that they are members of societies, employees of a common employer, or professionals in a common group.
Group insurance may or may not be converted to individual coverage. As group insurance gets big business for insurance company with minimum operational expenses( under one master policy issued to employer, union or any recognised group)it is usually less expensive than individual policies.
Group Insurance
Insurance coverage bought for and provided to a group instead of an individual. For example, an employer may buy disability, health, and term life insurance for its employees at a far better rate than the employees could obtain on their own. Credit unions, trade associations, and other groups may also offer their members preferential group insurance rates. Group insurance is not only advantageous to employees or group members because it is cheaper than they could obtain on their own, but some people may be able to get coverage under the group umbrella when they would be denied coverage individually because of preexisting conditions or other factors.
Single policy under which one individual is insured. types Broad Form Personal Theft Insurance; Comprehensive Personal Liability Insurance; Disability Income Insurance; Family Income Policy; Family Income Rider; Family Maintenance Policy; Family Policy; Farmers Comprehensive Personal Liability Insurance; Health Insurance; Homeowners Insurance Policy; Individual Life Insurance; Life and Health Insurance; Personal and Family Exposures; Personal Automobile Policy (PAP).