Group Insurance

Definition of "Group insurance"

Single policy under which individuals in a natural group (such as employees of a business firm) and their dependents are covered.

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Related Real Estate Glossary terms

Claim

request by an insured for indemnification by an insurance company for loss incurred from an insured ...

Ad Litem

In practice, one where a guardian has been appointed to protect the interests of the suit on behalf ...

Ocean Marine Insurance, War Risks

Coverage on cargo in overseas ships for war-caused liability excluded under standard ocean marine in ...

Avulsion

Removal of land by the action of water. See also erosion. ...

Add To Cash Value Option

new dividend option under which the policyowner allows the dividends from the participating policy ...

Subsurface Rights

The owner of real property generally has exclusive rights to the soil and minerals underneath the la ...

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A condominium is a form of home ownership in which the owner owns the airspace within the walls but ...

What Are Discount Points?

Discount points are a type of point paid by the borrower to reduce the interest rate. ...

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