Full Valuation Reserve

Definition of "Full valuation reserve"

Gina Rudisill
Gina Rudisill Century 21 Results Realty Services

Method of valuing a reserve under which no reserve is established for a life insurance policy at the end of the first policy year, but reserves are established at the end of the second policy year. This approach enables the company to have more funds available during the first policy year to pay the expenses associated with selling the policy.

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