A mutual insurance company is an insurance company owned entirely by its policyholders. Dental insurance, like medical insurance, protects policyholders for dental costs. Insurance companies have started using credit ratings of their policyholders to determine risk. Adjusters determination will then be applied to the insurance policyholders record. A Mutual insurance company is owned by its policyholders. An insurance company has many duties to its policyholders. State Fund insures approximately 130,000 policyholders in California. Company decisions are made on behalf of the policyholders. This led to many lawsuits from policyholders. This type of fraud consists of policyholders exaggerating otherwise-legitimate claims. Tan ran NTUC Income with the aim of providing the best value to the policyholders. Surveys show that 40% of policyholders claim to be unaware that they had a policy. A lawsuit was filed, alleging that information provided to policyholders was misleading. It is a public institution that aims to recognize and grant rights to its policyholders. The company signed 6,426 policyholders in its first year.