Mixed Insurer (or Company)

An insurance company in which the ownership is split among stockholders and policy owners. The term can also be used to indicate an insurer issuing both Life and Health Insurance policies. It is often erroneously used to describe an insurer offering both participating (dividend paying) and nonparticipating plans

See Also: Material Misrepresentation; Managed care; Major Medical Insurance; Mercury insurance; Mutual Insurer; Moral Hazard;

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