Definition of Mutual insurance. Meaning of Mutual insurance. Synonyms of Mutual insurance

Here you will find one or more explanations in English for the word Mutual insurance. Also in the bottom left of the page several parts of wikipedia pages related to the word Mutual insurance and, of course, Mutual insurance synonyms and on the right images related to the word Mutual insurance.

Definition of Mutual insurance

Mutual insurance
Mutual Mu"tu*al, a. [F. mutuel, L. mutuus, orig., exchanged, borrowed, lent; akin to mutare to change. See Mutable.] 1. Reciprocally acting or related; reciprocally receiving and giving; reciprocally given and received; reciprocal; interchanged; as, a mutual love, advantage, assistance, aversion, etc. Conspiracy and mutual promise. --Sir T. More. Happy in our mutual help, And mutual love. --Milton. A certain shyness on such subjects, which was mutual between the sisters. --G. Eliot. 2. Possessed, experienced, or done by two or more persons or things at the same time; common; joint; as, mutual happiness; a mutual effort. --Burke. A vast accession of misery and woe from the mutual weeping, and wailing, and gnashing of teeth. --Bentley. Note: This use of mutual as synonymous with common is inconsistent with the idea of interchange, or reciprocal relation, which properly belongs to it; but the word has been so used by many writers of high authority. The present tendency is toward a careful discrimination. Mutual, as Johnson will tell us, means something reciprocal, a giving and taking. How could people have mutual ancestors? --P. Harrison. Mutual insurance, agreement among a number of persons to insure each other against loss, as by fire, death, or accident. Mutual insurance company, one which does a business of insurance on the mutual principle, the policy holders sharing losses and profits pro rata. Syn: Reciprocal; interchanged; common.

Meaning of Mutual insurance from wikipedia

- A mutual insurance company is an insurance company owned entirely by its policyholders. Any profits earned by a mutual insurance company are either retained...
- Nationwide Mutual Insurance Company and affiliated companies is a group of large U.S. insurance and financial services companies based in Columbus, OH...
- corporations by total revenue. Northwestern Mutual was founded as the Mutual Life Insurance Company of the State of Wisconsin on March 2, 1857. Originally located...
- Vietnam. In the United States, Liberty Mutual remains a mutual company where policyholders holding contracts for insurance are considered shareholders in the...
- The M****achusetts Mutual Life Insurance Company (M****Mutual), founded in 1851, is an American mutual life insurance company serving five million clients...
- Mutual of Omaha is a Fortune 500 mutual insurance and financial services company based in Omaha, Nebraska. Founded in 1909 as Mutual Benefit Health & Accident...
- Noridian Mutual Insurance Company is an insurer headquartered in Fargo, North Dakota, United States. It offers health, dental, and life insurance, under...
- Amica Mutual Insurance Company is a Rhode Island-based mutual insurance company that offers auto, home and life insurance. Amica was founded in 1907 by...
- Farm Mutual Fund Trust SF Insurance Placement Corporation of Canada Insurance Placement Services, Inc. State Farm International Life Insurance Company...
- American Family Insurance, also abbreviated as AmFam, is an American private mutual company that focuses on property, casualty, and auto insurance, and also...
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