Government Insurance Programs Quiz
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Questions and Answers

What is the term for an insurance company that is owned by its policyholders?

  • Commercial insurer
  • Mutual company (correct)
  • Multi-line insurer
  • Stock company

    • Which type of insurer is known as a Nonparticipating Insurer?

  • Participating insurer
  • Stock company (correct)
  • Mutual company
  • Multi-line insurer

    • What is the term for the process of transforming a stock insurer into a mutual insurer?

  • Demutualization
  • Privatization
  • Commercialization
  • Mutualization (correct)

    • Which type of insurer pays dividends to its policyholders?

    <p>Stock company</p> Signup and view all the answers

    Which type of insurer is responsible for paying stockholders dividends?

    <p>Mutual company</p> Signup and view all the answers

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