insurance purchasing group

life insurance plz help: explain to me what this paragraph about life insurance?
The new trend in the new economy organizations is the use universal product group, where employees purchase individual products.
Well, Universal Group products with a wide range of different products within themselves. So think of it as a group of mutual funds. You have a 401K plan you want to spend so you can make so much money on this plan, but you have a selection of different products within one product. So now you may think that individual products for each person in a group in the group plan universal product. Hope this helps. Good luck
Hilton Head Home Owner’s Insurance Tips, Interview by Chip Collins of Collins Group Realty