Sentences with phrase «policyholders share ownership»
As a mutual company, they have no shareholders which means that the policyholders share ownership and sometimes see the benefits of this through dividends.
https://termlife2go.com/ Not exact matches
Rather, mutual insurance companies and policyholders share in the ownership rights of the company, as well as take part in the company's profits through dividends.
To increase the premiums, mutual insurers launched successful marketing campaigns that promoted ownership benefits; essentially the policyholders were owners of the mutual company and shared in the company's profits through dividends or reduced premiums.
Policyholders share in the ownership rights of the company.
Mutual insurance companies are not owned by shareholders but rather by the participating policyholders, who share in the ownership rights of the company, as well as take part in the company's profits through dividends.
It means Assurity has no shareholders or publicly traded stock, and that Assurity's policyholders share in the ownership of the company.
Level premiums established at the time of issuance may also be enhanced by the payment of dividends from a mutual insurance company whose policyholders share in ownership.
To increase the premiums, mutual insurers launched successful marketing campaigns that promoted ownership benefits; essentially the policyholders were owners of the mutual company and shared in the company's profits through dividends or reduced premiums.
Policyholders share in the ownership rights of the company.
Being a mutual insurance company means that Lafayette Life is owned by participating policyholders, who share in the ownership rights of the company, as well as take part in the company's profits through dividends.
Mutual insurance companies are not owned by shareholders but rather by the participating policyholders, who share in the ownership rights of the company, as well as take part in the company's profits through dividends.
That means the policyholders share in the ownership of the company and puts them in the business to serve the interests of the policy holder.