Definition of "Assumption"

Kathy DiCiaula real estate agent
Kathy DiCiaula, Real Estate Agent Berkshire Hathaway HomeServices- Central Illinois Realtors

Acceptance by a reinsurer of part or all of a risk that has been transferred to it by a primary insurer or another reinsurer.

 

Need help from a real estate agent?


Buy Sell Rent

I agree to receive FREE real estate advice.

Are you a realtor and want to become a member?


Residential Rental Commercial

I agree to receive FREE real estate advice.

Have a question or comment? We're here to help.

 

*** Your email address will remain confidential.
 

 

Popular Insurance Terms

Popular Insurance Questions