MLchartDataset catalogue

Mutual benefit association

Term · Insurance and risk management · MLC-T-INS-002259

A non-profit organization that provides insurance or other financial services to its members, who are also its owners. Members contribute to a common fund from which benefits are paid out, often sharing a common bond such as employment, religion, or community. These associations are regulated by state insurance departments, similar to other insurers.

Table 1. Record
IdentifierMLC-T-INS-002259
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002259",
  "term": "Mutual benefit association",
  "field": "Insurance and risk management",
  "definition": "A non-profit organization that provides insurance or other financial services to its members, who are also its owners. Members contribute to a common fund from which benefits are paid out, often sharing a common bond such as employment, religion, or community. These associations are regulated by state insurance departments, similar to other insurers.",
  "url": "https://mlchart.com/terminology/insurance/mutual-benefit-association/"
}

Record 2,248 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.