Benefits of a mutual life insurance policy
A mutual life insurance company is an insurance company owned entirely by its policyholders and not by shareholders. The only purpose of a mutual life insurance company is to provide insurance coverage to its policyholders and to give its members the right to select the management personnel. These companies exist to make sure that the benefits offered to policyholders are paid over a period of time and can come handy whenever the policyholder requires.
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