Stock insurance company


 

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Stock insurance company

An insurance company owned by a group of stockholders, who are not necessarily policyholders.



Stock insurance company

Similar Matches

Major medical expenses insurance

Major medical expenses insurance

Insurance which pays out a lump sum if you have certain specified surgery.


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A form of cash value life insurance in which the cash value of the policy may be invested in shares and bonds etc. according to the insured's choice.


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Deposit insurance

See: FDIC: Federal Deposit Insurance Corporation


Coinsurance

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A sharing of the risk of an insurance policy by more than one insurer. Usually one insurer is liable up to a certain amount, the other liable over that amount.


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Buildings insurance

Insurance which covers the policyholder against certain building losses or damages which may occur. The insurers will usually specify a maximum claim limit (the sum insured) which is the full rebuilding cost of the home. It is the owner's responsibility to ensure the sum insured is correct and to regularly update this cover, and failure to do so may invalidate the policy.


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