mutual insurance company

A type of insurance company in which policyholders share in the profits.

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Nearby words

mutual fund, mutual impedance, mutual inductance, mutual induction, mutual insurance, mutual insurance company, mutual resistance, mutual savings bank, mutualism, mutualist, mutuality

The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.