5 Questions
What is the term for an insurance company that is owned by its policyholders?
Mutual company
Which type of insurer is known as a Nonparticipating Insurer?
Stock company
What is the term for the process of transforming a stock insurer into a mutual insurer?
Mutualization
Which type of insurer pays dividends to its policyholders?
Stock company
Which type of insurer is responsible for paying stockholders dividends?
Mutual company
Test your knowledge on government insurance programs that provide social protection against universal risks. Explore the types of programs such as Social Security and understand their impact on society.
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