reciprocal insurance

noun

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

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Nearby words

recipiency, recipient, reciprocal, reciprocal exchange, reciprocal inhibition, reciprocal insurance, reciprocal leveling, reciprocal transfusion, reciprocal translocation, reciprocate, reciprocating engine

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019