Faith Shield Insurance Provides Auto/Car Insurance, Homeowners Insurance, Business/Commercial Insurance, Life/Health Insurance, and Employee Benefits to All of Florida, Including Boca Raton, Deerfield Beach, Pompano Beach, Fort Lauderdale, Delray Beach, West Palm Beach, Orlando, Miami, Coconut Creek and Coral Springs. Also in the state of New Jersey.
Is an insurance that covers a defined group of people, for example the members of a society or professional association, or the employees of a particular employer. Group coverage can help reduce the problem of adverse selection by creating a pool of people eligible to purchase insurance who belong to the group for reasons other than the wish to buy insurance, which might be because they are a worse than average risk.
CHARACTERISTICS OF GROUP INSURANCE?
There must be a group of people to be insured who have something in common other than the purpose of obtaining insurance
To save administrative costs, there is often a Master Policy Holder who will retain the documentation on behalf of the members, and may deal with the members on behalf of the insurer.
Such covers are typically available at a discount to the respective individual rates, as administration and expected claims costs are lower.
Group insurance may offer life insurance, health insurance, and/or some other types of personal insurance.
We offer free, comparative quotes on group Health & life insurance from multiple insurance carriers so you can get the best possible rate whatever your group size or benefit goals.
Want to see how much Faith Shield Insurance can save you and your business? Just request a quote to find out.
Contact us today.For a full list of coverage available, or to learn more about those products.
