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Perpetual Mutual Insurance Company

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Barron's Insurance Dictionary:

Perpetual Mutual Insurance Company

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Type of mutual insurance company that requires a substantial initial premium payment.
After the initial premium payment is made, future premium payments required will be paid from the investment earnings of the initial premium payment.
See also perpetual insurance.

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Barron's Insurance Dictionary Dictionary of Insurance Terms. Copyright © 2008 by Barron's Educational Series, Inc. All rights reserved. Read more

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