Benefits of Group Insurance

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Benefits of Group Insurance
Group insurance is insurance that covers a group
of people, the associates of a company, and
employees of an association. Group coverage can
help reduce the problem of adverse selection by
creating a group of eligible people who are
willing to buy insurance in a group. Some people
buy individual insurance. Positive work
environment. Lower cost due to a large risk pool.
Group Accident/Supplemental Insurance. Small
business health insurance can save money. Tax
incentives for offering health insurance to
employees.