A group health insurance policyAn insurance policy is a legally binding contract between an insurance company (insurer) and an individual or business (policyholder). It More is a type of policyAn insurance policy is a legally binding contract between an insurance company (insurer) and an individual or business (policyholder). It More that provides health coverage to a group of people. A lot of small business owners and startups are not aware of the process of how to get group health insurance.