What does Stock Insurance Company mean? Read on to discover the definition & meaning of the term Stock Insurance Company - to help you better understand the language used in insurance policies.
Stock Insurance Company
A stock insurance company is an insurance company that has stockholders as owners, instead of policyholders. These shareholders make a profit from dividends, or from the increase of the stock price over time. However, they may also sustain losses if the stock value goes down.
We hope the you have a better understanding of the meaning of Stock Insurance Company.