Question

Identify the insurance plan that provides coverage to a group of people, often offered by employers to their employees as part of their benefits package:

Options

• Employee insurance

• Gratuity

• Group insurance

• Life insurance

Answer 1

Group insurance

Explanation:

Group insurance is a plan that covers a group of people under a single policy, usually offered by employers to employees as part of their benefits package. It provides health, life, or other insurance coverage at lower costs due to group rates.