What is The Definition of Mutual Insurance?
Mutual Insurance means, The form of insurance in which the policyholder is also insured.
Literal Meanings of Mutual Insurance
Meanings of Mutual:
(Feelings or actions) Demonstrated experience or performance by one of two or more parties in relation to the other.
Organized together into two or more parts.
Sentences of Mutual
Partnerships based on mutual respect and understanding
A mutual friend introduced us
Synonyms of Mutual
interactive, requited, reciprocated, reciprocal, give-and-take, correlative, returned, interchangeable, complementary
Meanings of Insurance:
The process or arrangement under which a company or government agency guarantees compensation for certain losses, injuries, illness or death in exchange for premium payments.
Anything that provides protection against possible emergencies.
Sentences of Insurance
Meeting a high standard of personal conduct is the best protection against personal problems.
Synonyms of Insurance
provision, precaution, preventive measure, financial protection, security, safety measure, indemnity, protection, shelter, cover, surety, defence, safeguard, indemnification, immunity