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mutual cover - translation to german
INSURANCE COMPANY OWNED ENTIRELY BY ITS POLICYHOLDERS
Mutual insurer; Mutual insurance company; Mutual Insurance
mutual cover
gegenseitige Deckung (Deckung die einer dem anderem gibt)
mutual company
WHERE AS CUSTOMERS DERIVE A RIGHT TO PROFITS AND VOTES
Mutual Society; Mutual society; Mutual organisation; Mutual company; Mutuals; Mutual benefit association; Mutual corporation; Mutualization; Mutual guarantee society; Mutual organizations; Mutualisation; Mutual Holding Company; Mutual societies; Mutualist association
Unternehmen ohne Aktien (Gewinne werden entsprechend des Investitionsanteiles verteilt)
mutual society
WHERE AS CUSTOMERS DERIVE A RIGHT TO PROFITS AND VOTES
Mutual Society; Mutual society; Mutual organisation; Mutual company; Mutuals; Mutual benefit association; Mutual corporation; Mutualization; Mutual guarantee society; Mutual organizations; Mutualisation; Mutual Holding Company; Mutual societies; Mutualist association
Fortbildungsverein (kooperative Gesellschaft)
Definition
undercover
¦ adjective & adverb involving secret work for investigation or espionage: an undercover operation.
Wikipedia
Mutual insurance
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 a mutual insurance company are either retained within the company or rebated to policyholders in the form of dividend distributions or reduced future premiums. In contrast, a stock insurance company is owned by investors who have purchased company stock; any profits generated by a stock insurance company are distributed to the investors without necessarily benefiting the policyholders.
Examples of use of mutual cover
1. The sting lies in the organization and its culture of mutual cover–ups; favoritism by commanders and their cronies when making appointments that should have gone to independent committees; a heavy bureaucratic burden on policemen on their beats; one clumsy regulation on top of another, and heaven forbid if someone obeys them, or disobeys them.