What Does Mutual Company Mean?

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

Mutual Company

Mutual Company

Insurance company owned by its policyholders; the policyholders share in profits made by the company through dividends or reductions in future premiums.

We hope the you have a better understanding of the meaning of Mutual Company.

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