Conservator
Definition of "Conservator"
Court-appointed or commissioner of insurance-appointed custodian to manage the affairs of an insurance company whose management is deemed unable to manage that company in a proper fashion. Usually such a company faces insolvency prior to the appointment of the conservator.
Popular Insurance Terms
Person other than the annuitant as designated by the policyholder on whose life expectancy the annuity payment is also based. ...
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Policy that pays a dividend to its owner. ...
Insurance policy for which the required premium has been paid. ...
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Eligible rollover distribution that is paid directly from an employee's employee benefit insurance plan to the employee's individual retirement account (IRA) or to another plan maintained ...
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