What is Wholesale Insurance?
See also Premier Franchise Insurance
Wholesale Insurance means: Wholesale insurance refers to the coverage of groups of employers who are not eligible for real group coverage. Wholesale insurance is also known as deduction. It covers the whole group, although individual contracts have been signed to insure each individual. This type of policy is offered by non-government insurers or insurers who have not been approved by the State Department of Insurance.
- Wholesale insurance refers to the coverage of groups of employers who are not eligible for real group insurance.
- Wholesale insurance is sold to groups that are not large enough to receive regular group insurance, usually with less than 10 employees.
- Policies are offered at an individual rate, but usually contain the same terms.
- Wholesale insurance performance is usually best served by freight forwarders, also known as surplus freight forwarders.
Literal Meanings of Wholesale Insurance
Meanings of Wholesale:
Selling bulk goods for retail by another person.
Bulk sales for retail through a third party.
Bulk sale (goods) for a lower price by a third party.
Sentences of Wholesale
If you want to sell big, expensive items, wholesale cannot be the way.
The price of bottles in this bulk region is about 72 per box
Massive destruction of the natural system
Imported clothing that is now being sold at 20 retail stores
Synonyms of Wholesale
far-reaching, broad, mass, sweeping, wide-ranging, comprehensive, large-scale, total, blanket, thorough, all-inclusive, widespread, outright, extensive
Meanings of Insurance:
An exercise or arrangement under which a company or government agency guarantees compensation for a particular loss, injury, illness or death in exchange for a premium.
Synonyms of Insurance
protection, provision, cover, security, indemnity, financial protection, preventive measure, safety measure, immunity, safeguard, indemnification, precaution, shelter, surety, defence