Group Health Insurance: A group health insurance plan is a health insurance plan that provides coverage to members of a group that tends to be employees of a company or members of an organization. Members of the group usually receive insurance at a reduced cost because the insurer’s risk is spread across a group of policyholders. Group Health Insurance policy can be used to insure all your employees as well as their families against unforeseen medical expenses,allowing you the flexibility to choose covers as per your needs.