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Mutual Insurance Company Definition. When a mutual insurance company demutualizes, it reorganizes itself into a publicly traded or stock insurance company. What does mutual insurance company mean? Any profits earned by a mutual insurance company are either retained within the company or rebated to policyholders in the form of dividend distributions or. Mutual insurance company definition at dictionary.com, a free online dictionary with pronunciation, synonyms and translation.

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That is, policyholders elect the board of directors, and profits, if any, are distributed to policyholders each year in proportion to their individual exposures to the company. The sole purpose of a mutual insurance company is to provide insurance coverage for its members and policyholders. Any profits earned by a mutual insurance company are either retained within the company or rebated to policyholders in the form of dividend distributions or. An insurance system in which the insured persons become company members, each paying specified amounts into a common fund from which members are entitled to indemnification in case of loss. One which does a business of insurance on the mutual principle, the policy holders sharing losses and profits pro rata. A mutual insurance company is an insurance company whose policyholders are also the owners.

Mutual insurance companies that need to raise money may demutualize in order to fund growth or to make acquisitions.

Mutual insurance company definition at dictionary.com, a free online dictionary with pronunciation, synonyms and translation. That is, policyholders elect the board of directors, and profits, if any, are distributed to policyholders each year in proportion to their individual exposures to the company. An insurance company owned by its own policyholders. In other words, when you buy life insurance from a mutual company, you get an ownership stake in that company — and may see profits from it. A mutual company is a private enterprise that is owned by its customers or policyholders. Many insurance companies are structured in this way.

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That is, policyholders elect the board of directors, and profits, if any, are distributed to policyholders each year in proportion to their individual exposures to the company. Moreover, as owners, the policyholders are entitled to a share of the company�s. One which does a business of insurance on the mutual principle, the policy holders sharing losses and profits pro rata. A mutual insurance company is an insurance company whose policyholders are also the owners. When a mutual insurance company demutualizes, it reorganizes itself into a publicly traded or stock insurance company.

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This structure exists solely to provide insurance protection to the policyholders who often have the right to elect management personnel. Mutual insurance companies that need to raise money may demutualize in order to fund growth or to make acquisitions. The most familiar of these are insurance companies. An insurance company owned by its members who make regular payments into a fund that will pay their…. What does mutual insurance company mean?

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A mutual life insurance company is a company that’s owned by its policyholders. That is, policyholders elect the board of directors, and profits, if any, are distributed to policyholders each year in proportion to their individual exposures to the company. But no one who is merely a mutual insurance company�s policyholder exercises control of the company. Mutual insurance is a system of insurance in which policyholders are company members. A mutual company is a private enterprise that is owned by its customers or policyholders.

Mutual Insurance Company Definition Source: investopedia.com

This structure exists solely to provide insurance protection to the policyholders who often have the right to elect management personnel. A mutual life insurance company is a company that’s owned by its policyholders. In other words, when you buy life insurance from a mutual company, you get an ownership stake in that company — and may see profits from it. One which does a business of insurance on the mutual principle, the policy holders sharing losses and profits pro rata. That is, policyholders elect the board of directors, and profits, if any, are distributed to policyholders each year in proportion to their individual exposures to the company.

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Define mutual life insurance company. Mutual insurance company definition at dictionary.com, a free online dictionary with pronunciation, synonyms and translation. The policyholder may be asked to. Policyholders sometimes get shares in the new stock company—but not always. An insurance company owned by its own policyholders.

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That is, policyholders elect the board of directors, and profits, if any, are distributed to policyholders each year in proportion to their individual exposures to the company. Webster�s revised unabridged dictionary, published 1913 by g. An insurance company owned by its own policyholders. Policyholders sometimes get shares in the new stock company—but not always. A mutual insurance company is an insurance company whose policyholders are also the owners.

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That is, policyholders elect the board of directors, and profits, if any, are distributed to policyholders each year in proportion to their individual exposures to the company. An insurance system in which the insured persons become company members, each paying specified amounts into a common fund from which members are entitled to indemnification in case of loss. Mutual company — a corporation owned and operated by and for its insureds. An insurance company owned by its own policyholders. Many insurance companies are structured in this way.

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An insurance company owned by its members who make regular payments into a fund that will pay their…. Webster�s revised unabridged dictionary, published 1913 by g. Definition of a mutual insurance company: A mutual company is a private enterprise that is owned by its customers or policyholders. An insurance company owned by its own policyholders.

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An insurance company owned by its own policyholders. Mutual insurance company is a cooperative enterprise wherein: One which does a business of insurance on the mutual principle, the policy holders sharing losses and profits pro rata. Many insurance companies are structured in this way. Moreover, as owners, the policyholders are entitled to a share of the company�s.

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Mutual insurance company is a cooperative enterprise wherein: Webster�s revised unabridged dictionary, published 1913 by g. A mutual insurance company is an insurance company whose policyholders are also the owners. The most familiar of these are insurance companies. Many insurance companies are structured in this way.

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Policyholders sometimes get shares in the new stock company—but not always. Mutual insurance companies that need to raise money may demutualize in order to fund growth or to make acquisitions. Policyholders sometimes get shares in the new stock company—but not always. Mutual insurance company law and legal definition. That is, policyholders elect the board of directors, and profits, if any, are distributed to policyholders each year in proportion to their individual exposures to the company.

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A mutual insurance company is an insurance company that is owned by policyholders. An insurance company owned by its members who make regular payments into a fund that will pay their…. That is, policyholders elect the board of directors, and profits, if any, are distributed to policyholders each year in proportion to their individual exposures to the company. An insurance company owned by the policyholders and not by shareholders. One which does a business of insurance on the mutual principle, the policy holders sharing losses and profits pro rata.

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This structure exists solely to provide insurance protection to the policyholders who often have the right to elect management personnel. Mutual insurance company in british english. An insurance system in which the insured persons become company members, each paying specified amounts into a common fund from which members are entitled to indemnification in case of loss. The policyholder may be asked to. Webster�s revised unabridged dictionary, published 1913 by g.

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Definition of a mutual insurance company: 3) the profits are divided among them in proportion to their interests. Mutual insurance company in british english. A mutual life insurance company is a company that’s owned by its policyholders. The most familiar of these are insurance companies.

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An insurance company owned by the policyholders and not by shareholders. Mutual insurance is a system of insurance in which policyholders are company members. The most familiar of these are insurance companies. When a mutual insurance company demutualizes, it reorganizes itself into a publicly traded or stock insurance company. An insurance company owned by its own policyholders.

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Mutual insurance company is a cooperative enterprise wherein: An insurance company owned by the policyholders and not by shareholders. Every owner of the company is an insured; A mutual insurance company is an insurance company whose policyholders are also the owners. But no one who is merely a mutual insurance company�s policyholder exercises control of the company.

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Mutual insurance company definition at dictionary.com, a free online dictionary with pronunciation, synonyms and translation. Many insurance companies are structured in this way. A mutual insurance company is technically owned and controlled by its policyholders. Definition of a mutual insurance company: An insurance system in which the insured persons become company members, each paying specified amounts into a common fund from which members are entitled to indemnification in case of loss.

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Many insurance companies are structured in this way. Mutual insurance company in british english. The sole purpose of a mutual insurance company is to provide insurance coverage for its members and policyholders. 2) the members all contribute, by a system of premiums or assessments, to the creation of a fund from which all losses and liabilities are paid, and. Mutual insurance companies that need to raise money may demutualize in order to fund growth or to make acquisitions.

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