follow Dictionary.com

Hone in vs. home in? What's the difference?

mutual insurance

noun
1.
insurance in which those insured become members of a company who reciprocally engage, by payment of certain amounts into a common fund, to indemnify one another against loss.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
Cite This Source
Examples from the Web for mutual insurance
Historical Examples
  • As mutual insurance societies, they are irresponsible, and more liable to corruption, just because they are secret.

    Secret Societies David MacDill, Jonathan Blanchard, and Edward Beecher
  • But no threats induced Britain to be false to her mutual insurance with France.

    The German War Arthur Conan Doyle
  • We do not blame Odd-fellows, Good-fellows, Druids, or any other association for acting as mutual insurance companies.

    Secret Societies David MacDill, Jonathan Blanchard, and Edward Beecher
  • Parentage is not a profession with a sort of mutual insurance return to it.

    Concerning Children Charlotte Perkins Gilman
  • The next notable step in the evolution of modern methods was the organization of mutual insurance associations.

  • He went to the window and looked out at the clock on the mutual insurance Building.

    The Six Fingers of Time Raphael Aloysius Lafferty
  • They are mutual insurance companies formed to support sick members.

    The Spirit of the Ghetto Hutchins Hapgood
  • From such associations for mutual insurance the tribe takes its origin.

  • You are asked to engage in the great work of mutual education, which must be for this country the system of mutual insurance.

    Woman in the Nineteenth Century Margaret Fuller Ossoli
  • The mutual insurance association instituted by the first convention paid a disability benefit equal to the death benefit.

British Dictionary definitions for mutual insurance

mutual insurance

noun
1.
a system of insurance by which all policyholders become company members under contract to pay premiums into a common fund out of which claims are paid See also mutual (sense 3)
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Cite This Source

Word of the Day

Difficulty index for mutual insurance

Few English speakers likely know this word

Word Value for mutual

8
12
Scrabble Words With Friends

Nearby words for mutual insurance