Wholesale Insurance


Wholesale Insurance

Coverage for employer groups that are too small to qualify for true group coverage. The wholesale insurance policy covers an entire group, though individual policies are written for each person that is to be insured.

Also known as franchise insurance.

Wholesale insurance is sold to members of a group with rates based on individual rates, typically with some type of discount based on expense savings. Wholesale health insurance, for example, is essentially an individual health plan that is provided to groups of people in companies that have fewer than 10 employees. In this case, each employee can purchase a policy, or in some instances, the employer would pay the premiums as part of an employee benefits package.


Investment dictionary. . 2012.

Look at other dictionaries:

  • Wholesale Life Insurance — A type of employer sponsored protection against the loss of income in the event the insured becomes deceased. Wholesale life insurance is a variation on group life insurance that is offered by employers. It differs from group life insurance in… …   Investment dictionary

  • wholesale life insurance — noun Etymology: wholesale (II) + life insurance : life insurance covering a smaller group of employees than the minimum required for a group life insurance policy …   Useful english dictionary

  • Self insurance — is a risk management method in which a calculated amount of money is set aside to compensate for the potential future loss. More colloquially, the term self insured is used as a euphemism for uninsured. [http://www.slate.com/id/2075714/] If self… …   Wikipedia

  • Co-operative wholesale society — A Co operative Wholesale Society, or CWS, is a form of Co operative Federation (that is, a Co operative in which all the members are Co operatives), in this case, the members are usually Consumers Co operatives. According to Co operative… …   Wikipedia

  • The Co-operative Insurance — Co operative Insurance Society Limited Type Consumer Co operative Founded 1867 (1867) …   Wikipedia

  • Retail, Wholesale and Department Store Union — Infobox Union name= RWDSU country= United States, Canada affiliation= CWF, CLC members= full name= Retail, Wholesale and Department Store Union native name= founded= 1937 current= head= UFCW dissolved date= dissolved state= merged into= office=… …   Wikipedia

  • Farmers Insurance Group — Type Subsidiary Industry Insurance Founded Los Angeles, California …   Wikipedia

  • Mutual insurance — A mutual insurance company is an insurance company which has no shareholders but instead is owned entirely by its policyholders. The primary form of financial business set up as a mutual company in the United States has been mutual insurance.… …   Wikipedia

  • Co-operative Insurance Society — Infobox Co operative company name = Co operative Insurance Society Limited company company type = Consumer Co operative company slogan = Good with Money foundation = 1867 location = Manchester, United Kingdom key people = David Anderson, Chief… …   Wikipedia

  • Co-operative Insurance Tower — The CIS Tower General information Status Complete Type …   Wikipedia


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.