Mutual Insurance Company

Plain English Definition: A mutual insurance company is owned by its policyholders, who share in the company’s profits.

What Mutual Insurance Company really means for someone with an insurance policy

Policyholders are both customers and owners, which means they may receive dividends when the company performs well.

Mutual Insurance Company Real World Examples

• Receiving a refund from a mutual insurer after a profitable year.
• Having voting rights in company decisions as a policyholder.
• Premium reductions through policyholder returns.