Exam DISC-RM Practice Question 42
Study guide: Exam DISC-RM
In an insurance arrangement, the members, called subscribers, insure one another. A corporation manages the arrangement for them in return for a percentage of premium, handling underwriting, claims and investments. What type of insurer is this?
- A) A reciprocal exchange
- B) A stock insurer
- C) A mutual insurer
- D) A Lloyd's syndicate
Answer this question and see the worked solution