Meaning Of The Word Mutual insurance
What's the definition of Mutual insurance? Find Mutual insurance meanings, definitions and more at the Real Dictionary online.
Mutual insurance Meaning
| Mutual insurance Definition |
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What's The Definition Of Mutual insurance?
mutual insurance in American English
noun: insurance in which those insured become members of a company who reciprocally engage, by payment of certain amounts into a common fund, to indemnify one another against loss noun: Mutual insurance is a system of insurance in which policyholders are company members. mutual insurance in British English noun: a system of insurance by which all policyholders become company members under contract to pay premiums into a common fund out of which claims are paid |
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