Group Term Life Insurance

Group Term Life Insurance,

Group Term Life Insurance Definition:

Group Term Life Insurance means, Group life insurance is a type of life insurance where multiple people are issued a contract. The most common groups are companies whose contracts are awarded to employers, who provide insurance benefits to workers. Many employers offer free group insurance as well as the option to take out additional insurance for the spouse and children of the employee. Group life insurance is relatively cheap compared to individual life insurance. Participation is also high.

  • Many employers offer free basic group life insurance to their employees under the service plan.
  • It is possible and it can be helpful to have individual and collective life insurance at the same time.
  • If you quit your job, you can switch from group life insurance to individual life insurance. However, for many people, this option is out of reach.

The most common form of group life insurance. Life insurance with annual renewal period in your professional career for employment.

Literal Meanings of Group Term Life Insurance

Group:

Meanings of Group:
  1. Find them or put them in one or more groups.

  2. Multiple people or nearby objects either seen or arranged together.

Sentences of Group
  1. These bodies are divided into four different groups

Synonyms of Group

grouping, genus, kind, classification, amass, clump, gather together, set, assemble, cluster, lot, variety, breed, bracket, mass, style, sort, family, collect, species, class, bunch, category

Term:

Meanings of Term:
  1. Enter a descriptive name to be called by a specific name.

  2. Words or phrases that are used to describe something or to express an idea, especially in a particular language or field of study.

  3. A fixed or limited period of time during which something, such as an offense, imprisonment or investment, continues or is to continue.

  4. Year after year, every holiday, vacation or vacation alternates, when teaching at school, college or university or when progress is made in court.

  5. The terms under which action may be taken or certain agreements or terms may be made.

  6. Any amount of proportions, series or mathematical expressions.

  7. Another term for the term

Sentences of Term
  1. Called the father of modern theology

  2. Musical term "litmotio"

  3. The president is elected for a four-year term

  4. Summer semester

  5. Only your path can be handled

  6. A geometric series is defined as a continuous relationship between successive terms.

Synonyms of Term

label, requisite, precondition, call, period of time, turn of phrase, phrase, proviso, provision, time, period, spell, duration, dub, describe as, session, condition, idiom, prerequisite, specification, style, length of time

Life:

Meanings of Life:
  1. A state that distinguishes animals and plants from non-essential substances, including growth, reproduction, active activity, and the ability to make permanent changes before death.

  2. The presence of humans or animals.

  3. The period between the birth and death of a living person, especially a person.

  4. Significance, power or energy.

  5. (In art) representing an article based on the original model and not the artist's imagination.

Sentences of Life
  1. The essence of life

  2. The catastrophe killed 266 Americans

  3. He spent his whole life in this country

  4. She is beautiful and full of life

  5. Pose and clothes have been taken from life

Synonyms of Life

activity, course of life, life span, spiritedness, time on earth, liveliness, panache, buoyancy, spirit, living, this mortal coil, gusto, threescore years and ten, zest, mortal, animation, vitality, bounce, push, vigour, effervescence, individual, animateness, duration of life

Insurance:

Meanings of Insurance:
  1. The process or arrangement in which a company or government agency guarantees compensation for some loss, injury, illness or death in exchange for premium payments.

  2. Anything that provides protection against possible emergencies.

Sentences of Insurance
  1. Meeting a high standard of personal conduct is the best protection against personal problems.

Synonyms of Insurance

protection, precaution, cover, surety, safeguard, indemnification, provision, preventive measure, security, shelter, financial protection, defence, indemnity, safety measure, immunity

Group Term Life Insurance,

Group Term Life Insurance Definition:

  • Group Term Life Insurance means, Group life insurance is a type of life insurance where a contract is issued to several people. The most common groups are companies whose contracts are awarded to employers, who provide insurance benefits to workers. Many employers offer free group insurance as well as the option to take out additional insurance and reinsurance for the employee's spouse and children. Group risk life insurance is relatively cheap compared to individual life insurance. The stakes are high.

    • Many employers offer free basic life insurance to their employees as part of a service plan.
    • It is possible and impossible to enter group and individual life insurance at the same time.
    • If you quit your job, you can switch from group life insurance to individual life insurance. However, this option is expensive for many people.

  • The most common form of group life insurance. Annual fixed term insurance for employees during their professional career.

Literal Meanings of Group Term Life Insurance

Group:

Meanings of Group:
  1. Different people or things that come together, come together, or rank together.

  2. A series of elements occupy a column in a periodic table and, due to their similar electronic structure, have mostly similar features.

  3. A combination of elements with associative binary operations in which each element and the identifying element are reversed.

  4. (In systematic grammar) The structural level between sentences and words that corresponds mostly to other grammar sentences.

  5. Put in one or more groups.

Sentences of Group
  1. A group of boys is approaching.

  2. Three chairs were gathered around the table.

Synonyms of Group

range, line up, company, collection, batch, gathering, grading, gang, grade, body, organize, marshal, party, congregation, pack, crowd, arrange, status, troop, band, type, flock, assembly, dispose, rank

Term:

Meanings of Term:
  1. A word or phrase that is used to describe something or to express an idea, especially in a particular language or field of study.

  2. A fixed or limited period during which something, such as a job, imprisonment, or investment, continues or is intended.

  3. Any period of the year that alternates with days off or holidays during which classes are held at school, college or university or while the test is in progress.

  4. Terms under which an action may be taken or an agreement or terms may be agreed upon.

  5. Any quantity in proportion, series or mathematical expression.

  6. Another term for one term

  7. Give an explanatory name to be called by a given term.

Sentences of Term
  1. Music term "Leitmotiv"

  2. Your lawyer agrees to the terms.

  3. He is called the father of modern theology.

Synonyms of Term

stint, appellation, locution, run, name, semester, denominate, word, designation, quarter, stretch, interval, denomination, nickname, trimester, tag, phase, title, incumbency, designate, administration, expression

Life:

Meanings of Life:
  1. Conditions that distinguish animals and plants from inorganic matter, including growth, reproduction, active activity, and permanent changes before death.

  2. The period between the birth and death of living beings, especially humans.

  3. Strength, power or energy.

  4. (In art) the subject is represented according to a real model and not according to the imagination of an artist.

Sentences of Life
  1. The disaster killed 266 people.

  2. Pose and clothes that are influenced by life.

Synonyms of Life

moving spirit, movement, pep, fire, one's time, strength, energy, viability, stir, survival, quintessence, drive, get-up-and-go, colour, sentience, sparkle, human being, oomph, one's career, dynamism, business, moving force, esse, vivacity, vital spark, lifetime, person, zing

Insurance:

Meanings of Insurance:
  1. An agreement in which a company or state guarantees certain damages, injuries, illnesses or deaths in exchange for a premium.

Sentences of Insurance
  1. Many new borrowers buy unemployment insurance or health insurance.

  2. Jacket hanging behind the seat, protected against air conditioning.

Synonyms of Insurance

assurance, warranty, (financial) protection, backstop, guarantee

Group Term Life Insurance,

Group Term Life Insurance means,

Group Term Life Insurance definition is: Group life insurance is a type of life insurance where a contract is issued to several people. The most common groups are companies whose contracts are awarded to employers, which provide insurance benefits to workers. Many employers offer free group insurance in addition to the basic amount, as well as additional insurance and insurance options for the employee's spouse and children. Group life insurance is relatively inexpensive compared to individual life insurance. The stakes are high.

  • Many employers offer free basic group life insurance to their employees as part of a service plan.
  • It is possible and impossible to enter group and individual life insurance at the same time.
  • If you quit your job, you can switch from group life insurance to individual life insurance. However, for many people, this option is expensive.

The most common form of group life insurance. Annual fixed term insurance for employees for their entire professional career.

Literal Meanings of Group Term Life Insurance

Group:

Meanings of Group:
  1. A series of elements occupy a single column in a periodic table, and because of their similar electronic structure, most features are identical.

  2. A set of elements with associative binary operations in which each element and identification element is reversed.

  3. (In systematic grammar) The structural level between sentences and words that corresponds primarily to other grammar sentences.

Sentences of Group
  1. There were three chairs around the table.

Term:

Meanings of Term:
  1. A word or phrase is used to describe something or to express an idea, especially in a particular language or field of study.

  2. Any time of the year, changing with holidays or vacations, when classes are held at a school, college or university or during a decision.

  3. Give an explanatory name to be called by a specific term.

Synonyms of Term

entitle, term of office, period of office

Life:

Meanings of Life:
  1. Vitality, strength or energy.

  2. (In art) Representation of the subject according to a real model, not according to the imagination of an artist.

Sentences of Life
  1. Disaster in which 266 people were killed.

  2. Life-inspired poses and clothes

Synonyms of Life

entity, days, existence, allotted span, substance, zip, elan, hustle and bustle, bustle, creation, soul, pizzazz, animating spirit, exuberance, one's born days, high spirits, enthusiasm, verve, lifeblood, brio, vital spirit, élan vital, heart, vim

Insurance:

Meanings of Insurance:
  1. An agreement in which the company or state guarantees compensation for certain losses, injuries, illnesses or deaths in return for certain premiums.

  2. Something that protects against possible accidents.

Sentences of Insurance
  1. Jacket hanging behind the seat, protected from air conditioning