What Does Reciprocal Company Mean?

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

Reciprocal Company

Reciprocal Company

An unincorporated group of members that share insurance responsibilities with other members; it is managed by an attorney-in-fact.

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

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