Questions tagged [mutual insurance exchanges]

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SsangyongSpirited SsangyongSpirited Thu Nov 14 2024 | 5 answers 1091

What are mutual insurance exchanges & how do they work?

Mutual insurance exchanges are organizations where members pool their resources to insure each other against risks. These exchanges work by collecting premiums from members, which are then used to cover claims when needed. This allows members to share the risk and provide financial support to each other in case of losses.

What are mutual insurance exchanges & how do they work?

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