Fraternal insurance companies are owned by?
Understand the Problem
The question is asking about the ownership structure of fraternal insurance companies, which are specialized organizations that provide insurance services to their members. Typically, these companies are owned and operated by their members rather than being publicly traded or owned by shareholders.
Answer
the members (the insured)
The final answer is the members (the insured)
Answer for screen readers
The final answer is the members (the insured)
More Information
Fraternal insurance companies are unique in that they are member-owned, emphasizing a common bond or affiliation among members.
Sources
- What Is a Fraternal Insurance Company? - BetterLife - betterlifeins.com
- The web page with info on - WSA Life - wsalife.com
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