Wholesale Life Insurance

Wholesale Life Insurance

A life insurance policy for a small group of persons, usually sponsored by an employer. Wholesale life insurance is offered if a group is not large enough to qualify for group insurance; such groups generally ranges from five to 50 members. In wholesale life insurance, the individual policyholder owns the policy, but the employer or another party subsidizes the premium.
References in periodicals archive ?
The acquisition of Highland marks Ladenburg s entrance into the wholesale life insurance marketplace and reflects our commitment to building a strong, diversified financial services organization, stated Dr.
Full browser ?