An insurance policy issued to an employer or trustee, establishing a group insurance plan.
An original, complete insurance policy contract that is issued by an insurer with the understanding that certificates of insurance or underlying policies will be issued to others; for example, a master group health policy is issued to an employer while certificates are given to the employees. A master policy and underlying policies may be issued to a property owner to comply with requirements of a mortgage holder.
The practice of combining several locations or operations under coverage provided by a single insurance policy.
The contract of insurance issued to the employer, association, or other named group under a group insurance plan that contains all the terms, conditions and benefits of the agreement. Individual employees participating in the group plan receive individual certificates that state the benefits but usually not all the details of the plan contained in the master policy.
A single contract policy issued on a group basis to an employer. Group members receive certificates stipulating benefits provided.
An insurance policy issued to a group policyholder setting forth the provisions of the group insurance plan. The policy covers a group of persons to whom certificates of insurance are issued as their evidence of coverage.
The policy issued to a group policy holder setting forth the provisions of the group insurance plan. The individuals insure under the policy are then issued certificates of insurance.
A single insurance contract issued to an employer or other entity that provides group insurance to eligible employees or members, typically by issuing a certificate of insurance to such member.
A policy that is issued to an employer or trustee, establishing a group insurance plan for designated members of an eligible group.
he health insurance policy issued to the insured employer.
in a group insurance, the insurance policy that guarantees coverage to all members of the group.
Sometimes called "master contract". Issued to the employer under a group insurance plan, and containing all the insuring clauses which define employee benefits. Individual employees participating in the group plan receive individual "certificates", which seldom repeat all the insuring clauses contained in the master policy. Can also refer to the primary, or reference policy number with which all other policies in the household are cross-referenced.
This is an insurance policy which covers more than one person. It is also called a group policy .
The master policy defines for the lender the terms and conditions for the payment of any insurance (a claim).
title insurance commitment issued to a developer of a condominium or subdivision and insures all the units of lots in the development. (See Take Off)
(1) The policy contract issued to an employer or other entity authorized by state law for a group insurance plan. See also the first definition of Certificate of Insurance. (2) A Property Insurance policy issued to an insured who can issue certificates of coverage to cover the property of others.
