Your organization pays a set amount (analogous to a premium) for each employee based, among other things, on family size, into a special account that is maintained either by you or by the Third Party Administrator (TPA) that administers your plan.
The term comprehensive general liability insurance refers to a type of business insurance that protects companies from liability claims related to their business activities. Comprehensive general liability is usually suitable for medium and large companies in the servicing, manufacturing and processing fields. Continue Reading.
comprehensive. adj. 1. of broad scope or content; including all or much. 2. (Insurance) (of a car insurance policy) providing protection against most risks, including third-party liability, fire, theft, and damage.3. having the ability to understand.4. (Education) of, relating to, or being a comprehensive school. n.. of broad scope or content; including all or much. 2. (Insurance) (of a car insurance policy) providing protection against most risks, including third-party liability, fire, theft, and damage. 3. having the ability to understand. 4. (Education) of, relating to, or being a comprehensive school.