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keyone keyone
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6 years ago
Buying insurance from a mutual may not always be desirable because:
A) the mutual is trying to make a profit for the stockholders
B) you may be paying for other insureds' losses
C) premiums may be greater than that of a stock company if the mutual is improperly managed
D) the officers of the company are not responsible to the policy holders
Textbook 
Introduction to Risk Management and Insurance

Introduction to Risk Management and Insurance


Edition: 10th
Authors:
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jameeljameel
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