reciprocal insurance
reciprocal insurance 相互保险 参加相互保险协会的个人、合伙或公司，为互相承担某种或某几种风险，互相交换保险合同。
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reciprocal insurance
reciprocal insurance
A system whereby several individuals or businesses act through an agent to underwrite one another’s risks, making each insured an insurer of the other members of the group. — Also termed interinsurance. [Cases: Insurance 1204. C.J.S. Insurance §§ 1712, 1720.]
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reciprocal insurance
reciprocal insurance 相互保险 指在互惠合作社内成员之间相互提供的保险。每一成员对互惠合作社的总损失负责一定份额。通常每一成员有一个独立账户，其保费记入贷方，分担的损失份额则记入借方。
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