FIS 250 Week 3 DQ 1

In this paperwork of FIS 250 Week 3 Discussion Question 1 you will find the next information:

1. After reading the Demutualization Claims Clearinghouse Frequently Asked Questions Web site, what is the difference between stock and mutual insurance companies? Why has the industry trend been to demutualize insurance companies?
2. The three main types of marketing systems are Life Insurance, Property and Casualty Insurance, and Group Insurance. Choose two main systems and describe one or more characteristics of each system. Respond to one of your classmate's posts by introducing the third main system, which your classmate did not already address. For example, if your classmate described some characteristics of Life and Group marketing systems, you could reply by naming Property and Casualty marketing systems. Include characteristics of that system and describe how they are the same or different from the two systems described by your classmate.

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