单词 | mutual aid society |
释义 | mutual aid society in Insurance (myutʃuəl eɪd səsaɪɪti) Word forms: (plural) mutual aid societies noun (Insurance: Medical insurance) mutualA mutual aid society is an organization that provides benefits or other help to its members when they are affected by things such as death, sickness, disability, old age, or unemployment. The most common model of a mutual aid society is probably a system of voluntary insurance, usually for income maintenance or healthcare, which offers social protection in return for a basic contribution. The mutual aid society paid a death benefit, disability benefits, or medical benefits, and provided itsfunds to its members as needed. A mutual aid society is an organization that provides benefits or other help to its members when theyare affected by things such as death, sickness, disability, old age, or unemployment. |
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