MUTUAL INSURANCE COMPANY

MUTUAL INSURANCE COMPANY

MUTUAL INSURANCE COMPANY

A company owned by its policyholders that returns part of its profits to the policyholders as dividends. The insurer uses the rest as a surplus cushion in case of large and unexpected losses.

« Back to Glossary Index

CONTACT US FOR YOURLOW RATE QUOTE

  • captcha

connect with us

SUBSCRIBE newsletter

Translate »