Answer: Mutual
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An insured purchased an insurance policy 5 years ago. Last year she received a dividend check from the insurance company that was not taxable. This year she did not receive a check from the insurer. From what type of insurer did the insured purchase the policy?
An insured purchased an insurance policy 5 years ago. Last year she received a dividend check from the insurance company that was not taxable. This year she did not receive a check from the insurer. From what type of insurer did the insured purchase the policy ? A. Reciprocal B. Nonprofit service organization C. Stock D. Mutual
An insured purchased an insurance policy 5 years ago. Last year she received a dividend check from the insurance company that was not taxable. This year she did not receive a check from the insurer. From what type of insurer did the insured purchase the policy ? Mutual: Funds not paid out after paying cliams and other operating costs are ...
Study 20 Terms | General Insurance Flashcards | Quizlet
Study 20 Terms | General Insurance Flashcards | Quizlet
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An insured purchased an insurance policy 5 years ago. Last year she received a dividend check from the insurance company that was not taxable. This year she did not receive a check from the insurer. From what type of insurer did the insured purchase the policy ? a. mutual b. reciprocal c. nonprofit service organization d. stock
An insured purchased an insurance policy 5 years ago. Last year she received a dividend check from the insurance company that was not taxable. This year she did not receive a check from the insurer. From what type of insurer did the insured purchase the policy ?
An insured ...
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