A single policy covering a group of individuals, usually employees of the same company or members of the same association and their dependants is called _________

A. Hospital Insurance

B. Hull Insurance

C. Group Insurance

D. Identity theft Insurance

Answer: Option C

Solution(By Examveda Team)

A single policy covering a group of individuals, usually employees of the same company or members of the same association and their dependants is called Group Insurance. A group insurance policy gives you advantages of standardised coverage and very competitive premium rates.