| 摘要 |
<p>An insurance entity, organized as a stock, mutual or reciprocal company (300), offers claims paid property and casualty insurance to an insured (100). A parent company creates a organization to function as an attorney-in-fact (320) to act on behalf of members of the reciprocal insurance company. The insurance organization offers improvements over a risk-sharing vehicle such as Mutual Protection Trust by removing unlimited liability and capping annual assessments, while retaining the lower cost achievable by claims-paid policy.</p> |
