The meaning of GROUP LIFE INSURANCE is insurance upon the lives of a number of persons under a blanket policy without medical examination and at low cost.
A group universal life policy does not receivedividends. Some other types of life insurance may pay dividends. The amount of a dividend is set by a company’sboard of directorseach year and is not guaranteed. When a dividend is payable, a policyholder can take it in cash or use it to p...
grouplet group life insurance See More Nearby Entries Cite this Entry Style “Grouplet.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/grouplet. Accessed 1 Jan. 2025. Copy Citation Share...
Life Insurance Policyhas the meaning given in Section 6.11. Group long-term care insurancemeans a long-term care insurance policy which is delivered or issued for delivery in this State and issued to: Co-insurancemeans the percentage of the usual, reasonable, customary, and fair market value ex...
Once the claim is verified, the insurance company will pay out the death benefit to the beneficiaries according to the terms of the policy. It’s important to note that group life insurance coverage is not portable, meaning it does not stay with the employee if they leave the company. ...
A group carve-out plan rewards certain employees with insurance benefits unavailable through the company's basic group term life insurance plan. Those eligible for the carve-out receive $50,000 in tax-free term insurance, plus a permanent life policy that can accumulate cash value over time. ...
See Alkyl group, Ambulatory patient group, Andover Working group, Blood group, Carboxyl group, Clinical Context Object Workgroup, Clinical cooperative group, Control group, Cooperative group, DRG group, Encounter group, Ethnic group, Experiential group, Exposed group, Five food group, Food group, ...
Life insurance is a policy that protects the financial livelihoods of a person's family after their death, so it is important to choose the right type. Learn more about life insurance, term policies, whole life insurance, and beneficiaries. Related...
Within this meaning, we may have disclosed (as that term is defined by the CCPA) Personal Information in the categories below from consumers and users of our services within the last twelve months where such disclosure may fall within the CCPA’s definition of a “sale.” When we disclose ...
9 RegisterLog in Sign up with one click: Facebook Twitter Google Share on Facebook family (redirected fromkinship group) Dictionary Thesaurus Medical Legal Encyclopedia Wikipedia Related to kinship group:nuclear family,Status group family Traditionally, people who are related by blood or marriage. The...