Investments glossary

Wholesale Insurance

Wholesale insurance refers to coverage for employer groups that are too small to qualify for true group coverage. A wholesale insurance policy is also known as franchise insurance. It covers an entire group, though individual policies are written for each person that is to be insured. These kind of policies are offered by nonadmitted carriers, or insurance companies that aren’t approved by the state’s insurance department.

Click to rate this post!
[Total: 0 Average: 0]

Leave a Reply

Your email address will not be published. Required fields are marked *