JAMB - Commerce (2022 - No. 65)
When a company insures the lives of all its employees collectively, the policy is
accident insurance
fleet insurance
fidelity guarantee insurance
group insurance
ব্যাখ্যা
Group insurance is taken to cover a group of people or workers.These are policies on a collective basis,assuring members of a particular group such as football team or a group of employees of a firm.