understödsförening
English translation: mutual (benefit or aid society)
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| 19:00 Nov 23, 2008 |
| Swedish to English translations [PRO] Bus/Financial - Insurance | |||||||
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|  Selected response from: Adrian MM. (X) Local time: 07:26 | ||||||
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| 4 | reciprocal interinsurance exchange |
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| 3 | friendly society |
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| 3 | mutual (benefit or aid society) |
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Answers
7 hrs confidence: 
reciprocal interinsurance exchange Explanation: According to Merriam Webster's Dictionary of Law: reciprocal exchange (n) :an unincorporated association in which members (as individuals, partnerships, trustees, or corporations) exchange contracts and pay premiums through an attorney-in-fact for the insurance of each other liability of each member of the reciprocal exchange was limited to ten times the annual premium called also interinsurance exchange, reciprocal insurance exchange, reciprocal interinsurance exchange Reference: http://dictionary.getlegal.com/reciprocal-exchange |
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17 hrs confidence:
friendly society Explanation: I suspect something along the lines of friendly society is called for. There is some background at the Association of Friendly Societies (first ref) "A friendly society (sometimes called a mutual society, benevolent society or fraternal organization) is a mutual association for insurance-like purposes" (second ref) All friendly societies are benefit societies, but not all benefit societies are friendly societies. There are lots of different kinds of benefit society, many with interests far removed from insurance and mutual relief: 'Examples of benefit societies include trade unions, friendly societies, credit unions, self-help groups, landsmanshaftn, Fraternal organizations such as Freemasons and Oddfellows and many others.' (Wikip.). - Benevolent society might be clearer than friendly society, depending on the rest of the text. The downside is the general tendency to confuse benevolent society (specific) with benefit society (broad). - Mutual society is better avoided, as it could be misinterpreted in the US context and is generally more associated with building societies in the UK. - I wouldn't use fraternal organisation in this context mesself, because of its connotations of men in fancy dress with interesting handshakes. Reference: http://www.afs.org.uk/ Reference: http://en.wikipedia.org/wiki/Friendly_society |
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22 hrs confidence:
mutual (benefit or aid society) Explanation: In the UK at least, they may just be called 'mutuals'. Example sentence(s):
Reference: http://en.wikipedia.org/wiki/Benefit_society |
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