Individual Coverage

What Does Individual Coverage Mean?

Individual coverage refers to insurance policies that provide coverage for a single individual rather than a group. This type of coverage is common in health insurance. While many employers offer group insurance, or health insurance for their employees, individuals who cannot obtain health insurance through their employer often purchase policies that offer individual coverage.

Insuranceopedia Explains Individual Coverage

Individuals with group insurance typically have premiums deducted from their paychecks each month. In contrast, those with individual coverage are responsible for making their premium payments independently. Regardless of whether a person has group or individual insurance, they can usually choose from a variety of policies. Generally, the more coverage a person desires, the higher the premium they will need to pay.