What is the difference between group insurance and individual?(Can...
And why would someone choose group insurance over individual insurance???(Canada)
Answers:
group insurance is provided to several people who own a common employer, alliance, etc. Example, your job, alumni association, automobile club, etc.
individual insurance is when you purchase it for yourself.
group insurance is not individually underwritten, so if one applicant would not qualify on his own, they would be covered under the group.