A type of insurance policy purchased by employers to cover several people at a time and is reviewed on a yearly basis, which helps reduce premiums paid by the employer. (investopedia.com)
Individual life insurance policy purchased by the business owner on behalf of select key employees. (erieinsurance.com)
Riders are supplementary TATA AIA Money Back Plus Benefits added to the base policy purchased by the life insured. (life.indiainsured.com)