How much does group insurance cost?

The price of group insurance depends on several factors:

• The desired benefits or coverages; since coverages are customizable from one employer to another, a plan with more benefits will cost more than a basic plan.

• Group demographics; Employee age and gender have significant impacts on the price of group insurance.

• The type of business; a riskier operating environment can impact the price of group insurance.

• For existing plans, past claims impact the price of a quote.