Definition: The word "insurance group number" typically refers to a specific identification number assigned by an insurance company to each member of the policy, which includes information about the policyholder's name, address, and other relevant details. The insurance group number can be used as a key identifying factor for the policyholder, enabling them to easily identify themselves in various situations where they might need assistance with their policy (e.g., when called by a person in distress). Understanding an insurance group number is important because it helps ensure that all policies are handled correctly and efficiently.
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