reciprocal insurance


noun
  1. insurance in which members of a reciprocal exchange, acting through an attorney-in-fact, insure themselves and each other.

Words Nearby reciprocal insurance

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024

How to use reciprocal insurance in a sentence

  • If such occur, then comes in the assistance of the reciprocal insurance.

    Freeland | Theodor Hertzka