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. It is a form of consumers' co-operative. Any profits earned by...
- Liberty Mutual Insurance Company is an American diversified global insurer and the sixth-largest property and casualty insurer in the world. It ranks 87th...
- Mutual of Omaha Insurance Company is an American Fortune 500 mutual insurance and financial services company based in Omaha, Nebraska. Founded in 1909...
- M****achusetts Mutual Life Insurance Company, also known as M****Mutual, is a Springfield, M****achusetts-based life insurance company. M****Mutual provides financial...
- Nationwide Mutual Insurance Company and affiliated companies, commonly shortened to Nationwide, is a group of large U.S. insurance and financial services...
- March 2, 1857 (168 years ago) (1857-03-02), Northwestern Mutual was founded as the Mutual Life Insurance Company of the State of Wisconsin. Originally located...
- Amica Mutual Insurance Company is a Rhode Island–based mutual insurance company that offers auto, home and life insurance. Amica was founded as the Automobile...
- Family Mutual Insurance Company, also abbreviated as AmFam, is an American private mutual company that focuses on property, casualty, and auto insurance, and...
- The Western Mutual Insurance Group is an American group of property and casualty insurance companies, made up of Western Mutual Insurance Company, its...
- Insurance (ASI) Ameriprise Auto & Home Insurance Ameriprise Financial Ameritas Life Insurance Company Amica Mutual Insurance Amtrust Financial Services Applied...