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Definitions for
"RECIPROCAL EXCHANGE"
Keywords:
unincorporated
,
agree
,
whereby
,
peril
,
nonprofit
Related Terms:
Contract of insurance
,
Insurance policy
,
Insurance
,
Aleatory contract
,
Risk retention group
,
Master contract
,
Insurer
,
Insurance contract
,
Pool
,
Insuring clause
,
Insuring agreement
,
Policy
,
Contribution
,
Assigned risk
,
Risk retention groups
,
Insurance company
,
Joint underwriting association
,
Lloyds
,
Conditions
,
Reinsurance
,
Insurer
,
Purchasing group
,
Entire contract clause
,
Reinsure
,
Insurance company
,
Underwriter
,
Franchise insurance
,
All-risks policy
,
Fronting
,
Other insurance
,
Rent-a-captive
,
Captive insurer
,
Group contract
,
Captive insurance company
,
Self insurance
,
Surplus lines
,
Nonadmitted insurer
,
Self-insurance
,
Blanket contract
,
Other insurance clause
,
Group insurance
,
Package policy
,
Non-admitted insurer
,
Cover
,
Self-insured retention
,
Subscription policy
,
Reinsurer
,
Reinsurance treaty
,
Policy of insurance
,
Policy conditions
The practice whereby underwriters agree to exchange business with each other.
compre-group.com
a group of individuals, corporations or entities who, as members, agree to exchange contracts of insurance (policies) and share their insurance risks among themselves within their select group
hotjobs.yahoo.com
a nonprofit arrangement whereby an unincorporated group of individuals subject to a similar peril agree to pay back one another in the event of loss
issihk.com
An unincorporated association for mutual insurance among members who pay premiums and share losses (U.S.).
expertasig.ro
A type of insurance managed by an attorney-in-fact in which members pay premiums, and share in losses equally. Membership is required for insurance.
quotes.com
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