Reciprocal insurance means insurance 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 persons involved;
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 is that resulting from an
Examples of Reciprocal insurance in a sentence
Reciprocal insurance against riskFinally, variance in return rates across shorter time spans (days, weeks, months, or potentially years) produce returns to forming relationships of reciprocal food sharing.
Reciprocal insurance exchange: An unincorporated group of persons known as subscribers who, under a common name, exchange insurance contracts with each other for the purpose of providing indemnity among themselves from losses through a common attorney-in-fact.
See Apostasy; Dissidence; Non-compliance Reciprocal insurance companies, 601 (S 60 05) Reconciliation.
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 insurance from an interexchange among persons, known as subscribers, of reciprocal agreements of indemnity, the interexchange being
Reciprocal insurance means is that resulting from an 607 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 is that resulting from an 689 interexchange among persons, known as "subscribers," of
Reciprocal insurance means is that resulting from an 860 interexchange among persons, known as "subscribers," of