Mutual Insurance Company Definition

An insurance company that is owned by policyholders. The sole purpose of a mutual insurance company is to provide insurance coverage for its members and .BREAKING DOWN 'Mutual Company' The mutual company structure is commonly found in the insurance industry, as well as in savings and loans associations..Does Wilson Mutual offer insurance in my state? View the map to find out..Mutual myoochoo-l adj. 1. a. Directed and received by each toward the other; reciprocal: mutual respect. b. Having the same relationship to each other .Based on A.M. Best's analysis, 000384 - Federated Mutual Insurance Company is the AMB Ultimate Parent and identifies the topmost entity of the corporate .The definition of mutual is something that goes both ways, such as when two people feel the same way about each other or when two people like the same person..Based on A.M. Best's analysis, 051114 - Liberty Mutual Holding Company Inc. is the AMB Ultimate Parent and identifies the topmost entity of the corporate .Definition of insurance company: A company that offers insurance policies to the public, either by selling directly to an individual or through another .Mutual induction n. The production of an electromotive force in a circuit resulting from a change of current in a neighboring circuit. mutual induction n General .As a mutual insurance company, we see things just a little differently than our competition. We embrace our customers' way of life, and take pride in providing .

An insurance company that is owned by policyholders. The sole purpose of a mutual insurance company is to provide insurance coverage for its members and policyholders .A mutual insurance company is an insurance company owned entirely by its policyholders. Any profits earned by a mutual insurance company are rebated to policyholders .BREAKING DOWN 'Mutual Company' The mutual company structure is commonly found in the insurance industry, as well as in savings and loans associations..Mutual company A corporation that is owned by a group of members and that distributes income in proportion to the amount of business that members do with the company .A mutual, mutual organization, or mutual society is an organization which is often, but not always, a company or business based on the principle of mutuality..Insurance companies have two basic forms of organization and ownership: stock insurance companies and mutual insurance companies. Stock-based insurance companies are .Mutual insurance company definition, meaning, what is mutual insurance company: an insurance company owned by its members who make regular payments into a fund that .Small Insurance Companies or Associations; In the case of a mutual insurance company, Mutual insurance company; definition..One which does a business of insurance on the mutual principle, the policy holders sharing losses and profits pro rata. See also: Mutual.Definition of mutual life insurance company: A life insurance company owned by its policyholders, who share in the company's surplus earnings..

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Mutual Insurance Company Definition