An insurance company that is owned by its policyholders, who share in the company’s profits in the form of dividends, is known as

Insurance

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An insurance company that is owned by its policyholders, who share in the company’s profits in the form of dividends, is known as

A) a reinsurance company

B) a stock insurance company

C) a mutual insurance company

D) a reciprocal insurance company

Answer: a mutual insurance company

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