1.0Glossaryhttps://www.healthbenefitstimes.com/glossaryGlossaryhttps://www.healthbenefitstimes.com/glossary/author/adminglossary/Mutual insurance company - Definition of Mutual insurance companyrich600338<blockquote class="wp-embedded-content" data-secret="o2m77xdZtr"><a href="https://www.healthbenefitstimes.com/glossary/mutual-insurance-company/">Mutual insurance company</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.healthbenefitstimes.com/glossary/mutual-insurance-company/embed/#?secret=o2m77xdZtr" width="600" height="338" title="“Mutual insurance company” — Glossary" data-secret="o2m77xdZtr" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script>
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Insurance companies with no capital stock, owned by the policyholders. Trustees of the company are chosen by the policyholders. Earnings over and above payment of losses, operating expenses, and reserves are the property of the policyholders and returned to them in some way such as dividends or reduced premiums.