Adjusted Surplus | Insurance Glossary

Definition of "Adjusted surplus"

Statutory surplus plus the interest maintenance RESERVE plus the ASSET VALUATION RESERVE.

In property insurance policies, a clause that requires mat a particular insured property be a specif ...

Termination date of coverage as indicated on the insurance policy. ...

Person or business susceptible to loss on an investment, such as a high-risk speculation ...

Feature of life and health insurance policies that stipulates that the policy represents the whole a ...

One-time charge assessed by a bank or other financial institution at the closing of buying real prop ...

A decrease in spending dollars because of a decrease in the money supply. Less funds available ...

Comprehensive is the most expensive type of homeowners insurance; it covers the most potential damag ...

A title is the right of property ownership. ...

A principle of insurance which provides that when a loss occurs, the insured should be restored to t ...

An annuity is a long-term, interest-paying contract offered through an insurance company or financia ...

A Buildable acre consists of 43,560 square feet of residentially designated buildable land, after ex ...

Discount points are a type of point paid by the borrower to reduce the interest rate. ...

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