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bezimeni [28]
4 years ago
10

A not-for-profit insurance provider operated by an organization that has a representative form of leadership, operates on a lodg

e system, and exists solely for the benefit of its members and their beneficiaries is called a:
A. risk retention group

B. fraternal insurance company

C. home service insurance company

D. mutual insurance company
Social Studies
1 answer:
In-s [12.5K]4 years ago
7 0

Answer:

Fraternal insurance company

Explanation:

The word Fraternal means an association that is united in a  union for mutual aid or benefit usually a society of men associated in the brotherly union whose members freely associate for a mutual purpose. Fraternal societies insurance are insurers issued by a fraternal association to its members( i.e they are member-owned) when obligations arose and Fraternal societies insurers specialize primarily in life insurance and annuity products that are usually available only to the society members which is based on membership. This type of insurance is similar to a mutual insurance company.

A Fraternal insurance company is a not-for-profit insurance provider operated by an organization that has a representative form of leadership, operates on a lodge system, and exists solely for the benefit of its members and their beneficiaries.

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There is a widespread opinion on both sides of the Atlantic that as the Magna Carta is to the British attachment to rights, the American version of this attachment is to be found in the U.S. Bill of Rights. Sometimes we hear more: that not only the origin, but also the substance of the U.S. version, is to be found in the Magna Carta.

To be sure, we have to start the rights narrative somewhere and since participants in the rights debate over 400 years don’t seem inclined to go further back than the Magna Carta, it seems reasonable to start there. And despite the feudal language and medieval concerns that run through, and thus date, the document, there is something enduring there that appeals to subsequent generations.

We suggest that the enduring quality is an appeal through the centuries that those who govern us do so in a reasonable manner. And all the better to secure the proposition that rulers exercise their power in a reasonable manner, we write down what we think is unreasonable conduct. Thus a list of what those in authority can’t do emerges.

In particular, we might say that the Magna Carta calls for the rule of law in opposition to the rule of unreasonable men. Furthermore, the rule of law is to be secured by an attachment to the due process of law.

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The Magna Carta does not call for an abolition of the monarchy or a change in the feudal order. Nor does it call for religious freedom or freedom of the press. The U.S. Bill of Rights, however, presupposes the abolition of monarchy and feudalism; the American appeal to natural rights raises the question of religious freedom and freedom of the press.

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