Life and pension insurance policies that are covered by a fixed framework agreement with the → Insurer are referred to as group insurance. The contractual partners of the framework agreement are usually the employer or an association of employers, whose interest may not lie exclusively in the conclusion of the agreement. However, cost advantages arising from framework agreements may be passed on to the employer. → Policyholder be passed on.

In addition to possible premium savings and extended conditions, the advantage of group insurance can be a simplified health check.

Agreements on collective insurance are predominantly concluded in the → company pension scheme and in private health insurance.

Source reference: See VDT publication "VDT article series part 5 l Glossary" and the source indicated there.