Mutual Companies Ownership Quiz
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Questions and Answers

Who owns mutual companies?

  • Policyholders (correct)
  • Shareholders
  • Government
  • Investors

What is the primary ownership of mutual companies?

  • Stockholders
  • Policyholders (correct)
  • Founders
  • Board of Directors

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

  • Policyholders (correct)
  • Bondholders
  • Creditors
  • Lenders

Which of the following is NOT an unfair claims practice?

<p>Compensating policyholders fairly for their claims (D)</p> Signup and view all the answers

Which of the following is considered an unfair claims practice?

<p>Delaying the settlement of valid claims (B)</p> Signup and view all the answers

What is an example of an unfair claims practice?

<p>Misrepresenting the benefits and coverage of a policy (B)</p> Signup and view all the answers

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