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mutual cover - translation to spanish
INSURANCE COMPANY OWNED ENTIRELY BY ITS POLICYHOLDERS
Mutual insurer; Mutual insurance company; Mutual Insurance
mutual cover
cobertura mutua (cobertura que se dan una a la otra unidades que se mueven paralelamente)
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
sociedad mutual (sociedad sin capital accionario, sociedad cuyos beneficios se reparten entre los socios conforme al monto de sus inversiones)
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
sociedad mutual (sociedad cooperativa, mutualidad)
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.