What Does Reciprocal Insurer Mean?

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

Reciprocal Insurer

Reciprocal Insurer

Insurance company characterized by the fact its policyholders insure the risks of other policyholders.

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

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