|
|
|||||||||||||||||||||||||||||||||
| Definitions | Initials | To take part | Leading Team | Directory |
| A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z |
Definitions
Directory
Dictionary > Definitions > Economy > Mutual insurance company
Mutual insurance company
Definition
A mutual insurance company organizes between its policy-holders the solidarity of the premiums of insurance, and the whole of the own capital stocks of the mutual insurance companies come from the contributions or premiums from insurances paid by its memb
Description
A mutual insurance company is a company mutualist whose operation is governed by the code of reciprocity. A mutual insurance company has the role to be with not-lucrative goal.
Author
Md.Khurshed Alam
Author Email
mk_alamcce@yahoo.com
References
Definitions to be consulted