Group insurance, also known as employee benefits, is a type of insurance coverage provided to a group of people, typically employees of a company or organization, as part of their compensation package. Group insurance can include a variety of benefits such as health, dental, vision, life, disability, and retirement plans.

Here are some key features and considerations of group insurance:

1. Coverage options: Group insurance plans typically offer a range of coverage options and levels to suit the needs of different employees. Employers may also have the option to customize the plan based on their budget and preferences.
2. Underwriting and pricing: Group insurance plans are underwritten based on the demographics and risk factors of the group as a whole, rather than individual factors. This can lead to lower premiums and broader coverage than individual insurance plans.
3. Compliance and regulations: Group insurance plans are subject to various federal and state regulations, such as the Employee Retirement Income Security Act (ERISA) and the Affordable Care Act (ACA). Compliance with these regulations is important to avoid penalties and legal liabilities.
4. Employee engagement and education: To maximize the value of group insurance plans, it's important to engage employees and educate them on the benefits and options available to them. This can improve employee satisfaction and retention, as well as reduce claims and costs.
5. Carrier and broker selection: Choosing the right carrier and broker is crucial to the success of a group insurance plan. It's important to evaluate carriers based on their financial stability, customer service, and track record, as well as brokers based on their expertise, reputation, and communication skills.