PERSONAL FINANCE
PERSONAL FINANCE
5th Edition
ISBN: 9781308498706
Author: Kapoor
Publisher: McGraw Hill
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Chapter 12, Problem 6FPA
Summary Introduction

To determine:

Policy to consider and reason for it.

Introduction: Mutual life insurance companies refer to that company who only distribute insurance to their members and the profit earned by them are given back to the insurer because they are also the members of the company.

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General Structure of an Insurance Contract; Author: The Business Professor;https://www.youtube.com/watch?v=Pg47GBpcykE;License: Standard Youtube License