Welcome, visitor! [ Register | Login

Cayuga Mutual Insurance

Description

The basic tenets of mutual insurance in Ontario have not changed much since the beginning.

Community based, mutual companies are directed and operated by their Policyholders. The mutuals are governed by a Board of Directors elected from among the Policyholders. The Board appoints the Officers of the Company.

In return for agreeing to secure Policyholders against loss, the Company collects premiums. This fund, together with income from investments, is used to pay losses sustained by the Policyholders as well as the expenses of running the Company. Any surplus either remains in the Company’s surplus account or may be refunded to Policyholders at the discretion of the Policyholder Directors.

The concept is of community, protected.



 

31 total views, 1 today

  

Listing ID: 1995ece81bf1c8cb

Report problem

Processing your request, Please wait....

Ontario Business Directory

Place your free business listing in our Canadian directory. This is a clean business directory to help businesses advertise and promote their products & services. Choose the right location to add your free business listing today!

CHANGE LOCATION

Login or register

Business Advertisements

300 x 300 Side Banner Advertisment

  • Advertise With Us
  • Advertise With Us
  • Advertise With Us
  • Advertise With Us