Reciprocal insurance definition

Reciprocal insurance means is that resulting from an
Reciprocal insurance means insurance resulting from the mutual exchange of insurance contracts among persons in an unincorporated association under a common name through an attorney-in-fact having authority to obligate each person both as insured and insurer.
Reciprocal insurance means insurance resulting from an interexchange among persons, known as "subscribers", of reciprocal agreements of indemnity, the interexchange being carried out through an "attorney-in-fact" common to all the persons;

More Definitions of Reciprocal insurance

Reciprocal insurance means insurance resulting from the mutual
Reciprocal insurance means is that resulting from an 650 interexchange among persons, known as "subscribers," of
Reciprocal insurance means is that resulting from an 607 interexchange among persons, known as “subscribers,” of
Reciprocal insurance means is that resulting from an 860 interexchange among persons, known as "subscribers," of
Reciprocal insurance means is that resulting from an 616 interexchange among persons, known as “subscribers,” of
Reciprocal insurance means the aggregation of subscribers under a
Reciprocal insurance means is that resulting from an 689 interexchange among persons, known as "subscribers," of