Group Insurance

Legal Expense Insurance
A prepaid legal insurance coverage plan sold on a group basis, entitling members to a schedule of benefits for legal services such as adoptions, probates, and divorces.
Master Policy
A Master Policy is a single insurance contract that provides coverage on a group basis, typically issued to an employer, with group members receiving certificates summarizing the benefits provided.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.