NSE IPO - Apply Online, Check Issue Date, Price, Lot Size & Allotment Status

Apply for NSE IPO:

Skip to main content
Insurance

Reciprocal

A mutual insurance company is a type of insurer that is owned by its policy-holders. This means that the individuals who have insurance policies with the company are also shareholders, giving them a say in the company's operations. This type of company is often found in the field of automobile insurance, where policy-holders come together to exchange coverage with each other. This allows for a more personalized and community-driven approach to insurance, as opposed to traditional companies owned by external shareholders.

Related terms

Life Annuity

Understand the meaning and definition of Life Annuity in the context of stock market, trading, and investments.

MORE
Unplanned retention

Understand the meaning and definition of Unplanned retention in the context of stock market, trading, and investments.

MORE
Annuity Certain

Understand the meaning and definition of Annuity Certain in the context of stock market, trading, and investments.

MORE
Mortgage insurance

Understand the meaning and definition of Mortgage insurance in the context of stock market, trading, and investments.

MORE
Direct writers

Understand the meaning and definition of Direct writers in the context of stock market, trading, and investments.

MORE
Long-term care

Understand the meaning and definition of Long-term care in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.8 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store

Open Free Demat Account!

Join our 3.8 Cr+ happy customers
+91