Group life/health insurance can be a great benefit to your small business insurance or commercial business insurance. It’s not only a good addition to existing individual life or health insurance, but it is also cost-effective when compared to an employer paying for medical or a retirement plan.
Business owners have the option of purchasing group life/health insurance plans for their employees and their families. Group life/health insurance policies provide coverage for individuals through their place of employment, with premiums paid by the employer or through payroll deduction.