Organizations that provide life insurance approximately at cost and on a mutual basis on a purely local or regional basis.
Key words: Local Benevolent Life Insurance Associations; cooperative life insurance companies; and mutual life insurance companies
Scope notes: This category formerly included mutual utility and service companies. W50 is used for all mutual communications organizations and W80 is used for all other mutual utilities that provide electric power, water, gas and like services (effective 2008).
See also: Telecommunications and Public Utilities