Are you having trouble answering the question “Which of the following statements regarding mutual insurers is TRUE?”? You don’t have to worry about it anymore. Azanswer team is here with the correct answer to your question.
Which of the following statements regarding mutual insurers is TRUE?
A) Mutual insurers issue participating policies.
B) If a mutual insurer is profitable, it may issue taxable dividends to its policyholders.
C) The board of directors oversees the operations of the company.
D) Mutual insurers are also known as reciprocal insurers.
Answer: Mutual insurers issue participating policies.
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