What Does Brother Sister Relationship Mean?

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What does Brother Sister Relationship mean? Read on to discover the definition & meaning of the term Brother Sister Relationship - to help you better understand the language used in insurance policies.

Brother Sister Relationship

Brother Sister Relationship

A term that first emerged during the Humana tax case (Humana Inc. v. Commissioner, 881 F.2d 247 (6th Cir. 1989)), referring to separate subsidiaries owned by the same parent (such as a captive insurance company and an operating subsidiary).

We hope the you have a better understanding of the meaning of Brother Sister Relationship.

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