group insurance
2
3.1
- noun
- /ɡruːp ɪnˈʃʊərəns/
- Specialized
:
seguro de grupo
- Almost half of all Washington residents with health insurance get their insurance through large group insurance policies.
- group insurance programs
Examples
-
Almost half of all Washington residents with health insurance get their coverage through large group insurance policies.
-
Individual insurance can cost two or three times as much as group insurance.
Blog text (22) -
I had a lot of stuff lined up for that Thursday afternoon... including a trip down to Santa Monica... to see a couple of live prospects about some group insurance.
-
Jasper, I can tell you that right now I pay $1200/month for my small business group insurance premiums for a family of five.
Blog text (30) -
We rely on employers' group insurance for things like eye exams, physiotherapy, trips to the dentist, medications, etc.
Blog text (23) -
Through the varied Endowment-sponsored group insurance programs that are carefully structured and economically priced, members can quickly apply for plans that meet their own personal and professional requirements.
Academic text (2001) -
We used to informally permit the group insurance benefits to build up a surplus with the insurance company, which would then be used to finance post-retirement benefits.
Academic text (1990) -
So if you work for a company and you get group insurance, they can't exclude you because you're sick.
-
Next, COBRA insurance is only available for group insurance plans with at least two members.
Synonyms
∞
2.0
A paid plan that protects you against loss, damage, illness, or death
How Collective
Surface Forms
Morphology
The meaning is directly and compositionally derived from 'group' (a collection of people) and 'insurance' (a protection/payment arrangement), so a learner who knows both words can infer it refers to insurance provided to a group. This noun-noun compound follows common, cross-linguistic compounding patterns and is semantically predictable, making it accessible to a B1 learner.
Etymology
Group insurance comes from companies buying one insurance plan for a group of workers so many people are covered together. Because the cost and risk are shared, each person usually pays less, so the phrase means 'insurance for a group, often at a lower cost'.