Group insurancehelps to avail health insurance at an affordable price. As a single policy provides cover for the group, the overall premium cost gets reduced, given the spread of risk. Living in current times, we all know that health insurance forms a crucial part of everyone’s investment portfolio. One that covers a group of individuals under one policy. The policy is called the Master Policy, and it contains the name of all insured members. Group health plans can be bought by registered groups to cover their members.