term1 Definition1term2 Definition2term3 Definition3
Please sign in to your Google account to access your documents:
STOCK INS. CO
Owned by “Stock Holders. May receive taxable Corporate Dividends. Policy Holders are not intitled to receive Dividends.
MUTUAL.INS.CO
Owned by Policy Holders.
1. May receive Non-Taxable Dividends.
2. Dividends not Guaranteed. ? Used to Reduce Premium.
RECIPROCAL-INS-CO
Group Owned-Unincorporated-Formed by Individual Firms & Business Corps. That exchange Ins on each other.
Need help typing ? See our FAQ (opens in new window)
Please sign in to create this set. We'll bring you back here when you are done.
Discard Changes Sign in
Please sign in to add to folders.
Sign in
Don't have an account? Sign Up »
You have created 2 folders. Please upgrade to Cram Premium to create hundreds of folders!