What term is used to identify individuals in an insurance contract that is related to a specific organization?

The term that identifies individuals in an insurance contract related to a specific organization is group insurance. Group insurance is designed to provide coverage to a group of people, often linked by a common affiliation such as employment or membership in an organization, allowing for a collective risk pooling. This type of insurance typically features lower premiums than individual policies because the risk is spread across a larger number of insured individuals.

In contrast, individual insurance refers to policies taken out by a single person for their own coverage, and personal insurance specifically addresses personal risks associated with individuals. Commercial insurance generally pertains to coverage for businesses rather than individuals, which distinguishes it from the collective nature of group insurance.