noun
: a plan of insurance by which each member of a reciprocal exchange acting through an attorney-in-fact becomes an insurer of and is insured by every other member — called also interinsurance
noun
: a plan of insurance by which each member of a reciprocal exchange acting through an attorney-in-fact becomes an insurer of and is insured by every other member — called also interinsurance
Webster's New International English Dictionary. Новый международный словарь английского языка Webster. 2012