What is Group Insurance Policy?

It is an insurance policy covering employer-employee groups or non-employer-employee groups offering standardized coverage. Group health insurance plans are purchased by companies and organizations, and then offered to its members or employees. Plans can only be purchased by groups, which means individuals cannot purchase coverage through these plans. Plans usually require at least 70%%%% participation in the plan to be valid. Because of the many differences—insurers, plan types, costs, and terms and conditions—between plans, no two are ever the same. Simply put, this type of insurance is cheaper and more affordable than individual plans available on the market because there are more people who buy into the plan. For more information please visit here https://www.capbluecross.com/wps/portal/cap/employer/shop-group-plans