Sentences with phrase «mutual insurance companies earn»
Both stock and mutual insurance companies earn income by collecting premiums from policyholders.
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A bunch of fat, dumb, and happy mutual companies were willing to write life insurance business earning a minimal return on capital.
Profits earned by a mutual insurance company must be either kept within the company or distributed to policyholders as dividend distributions or reductions to future premiums.
Mutual has earned it best life insurance company status from the ratings agencies due to its financial strength and claims paying history.
Mutual has earned best life insurance company status from the rating agencies due to its financial strength and claims - paying history.
Due to Mass Mutual Life Insurance Company's strength and stability, it has earned high ratings from the insurer rating agencies.
Mutual has earned it best life insurance company status from the rating agencies due to its financial strength and claims - paying history.
Instead, fixed universal life policies generally earn an interest rate in the cash value, while variable universal life policy returns depend on the performance of the funds offered within each policy's subaccounts, which are analogous to mutual funds, except that the insurance company owns the shares rather than the policy owner.
The Massachusetts Mutual Life Insurance Company has been around since 1851 and earns the highest A + + rating from A.M. Best.
Second, a properly designed dividend paying whole life insurance policy from a mutual insurance company not only earns dividends income tax free, but the cash value can be borrowed against and used to buy other assets outside of life insurance.