Mutual Companies Ownership Quiz

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DaringEpiphany
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6 Questions

Who owns mutual companies?

Policyholders

What is the primary ownership of mutual companies?

Policyholders

Who has a direct stake in the success of mutual companies?

Policyholders

Which of the following is NOT an unfair claims practice?

Compensating policyholders fairly for their claims

Which of the following is considered an unfair claims practice?

Delaying the settlement of valid claims

What is an example of an unfair claims practice?

Misrepresenting the benefits and coverage of a policy

Test your knowledge of mutual companies and their ownership structure with this quiz. Find out who has a direct stake in the success of mutual companies.

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