Group Insurance Market Dynamics, Size, and Future Growth Trend 2022-2028
A form of insurance policy known as group insurance covers a number of individuals under one agreement. Such a plan provides the same level of insurance coverage to all members of a group irrespective of their age, gender, occupation, or socio-economic status. Group insurance does away with the requirement to purchase individual insurance for each member. Group insurance is frequently provided by businesses to their staff as part of the compensation package.
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