Definition of "Facultative"

Bridgette Foster real estate agent
Bridgette Foster, Real Estate Agent Downing-Frye Realty Naples

Reinsurance term under which the reinsurer exercises its faculty or prerogative to insure a risk or reject a risk from a ceding company.

 

Need help from a real estate agent?


Buy Sell Rent

I agree to receive FREE real estate advice.

Are you a real estate agent?


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