What is the difference between a stock insurer and a mutual insurer?

Insurance

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What is the difference between a stock insurer and a mutual insurer?

A) Stock insurers have shareholders and mutual insurers have policyholders.

B) Stock insurers have policyholders and mutual insurers have shareholders.

C) Stock insurers have policyholders and mutual insurers have certificate holders.

D) Stock insurers have certificate holders and mutual insurers have policyholders.

Answer: Stock insurers have shareholders and mutual insurers have policyholders.

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