What is a Subscriber's Agreement?

PURE’s business model is known as a “reciprocal exchange.” Put simply, this means that PURE’s members own the insurance company and PURE's attorney-in-fact, PRM, manages it for a fee. When you join PURE, you sign what’s called a “Subscriber's Agreement” which explains the structure of the company, including Surplus Contributions, Subscriber Savings Accounts and the Subscribers' Advisory Committee.