Mutual Bonus
As the NFU Mutual does not have shareholders, a large proportion of its profits are returned to customers in the form of a discount off the premiums of renewing customers. The discount ranges from 6% - 10% depending on the number of years that the policyholder has been using the mutual.
As part of the 100th anniversary, NFU Mutual intended to double the bonus for one year only.
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Famous quotes containing the word mutual:
“Religion is by no means a proper subject of conversation in mixed company; it should only be treated among a very few people of learning, for mutual instruction. It is too awful and respectable a subject to become a familiar one.”
—Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)