Impairment Of Capital


Definition of "Impairment of capital"

Lois OConnor
  Sunset Lakes Real Estate

Situation where a stock insurer must invade its capital account in order to meet its obligations. Most states do not allow insurers to do this and quickly rescind their right to do business.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Grantee

The person named in a deed who acquires ownership. ...

Party

Individual or entity who enters into a contract or other legal proceeding, such as a lawsuit. ...

Cede

To transfer a risk from an insurance company to a reinsurance company. ...

Transfer On Death (tod)

Form of stock ownership that permits the stockholder to select a beneficiary to receive the stock up ...

Statement (insurance Company To Insured)

Annual report to policyholders of certain cash value life insurance products and annuities to inform ...

Pension Plan Valuation Factors

Present value computation of the accrued or projected benefits of a retirement plan. This computatio ...

Related Real Estate FAQ

What Is An Overall Debt Ratio?

An overall debt ratio is the percentage of your overall debt (housing payments plus any other long-t ...

What Is Disability Insurance?

Line of insurance, which included coverages that are designed to protect the insured against a loss ...

What Is A Buildable Acre?

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

Should I Pay Points For A Lower Rate?

Paying points for a lower interest rate is a trade off between paying money now versus paying money ...

What Is A Fixed-rate Mortgage?

A fixed-rate mortgage is a type of mortgage in which the interest rate is fixed for the life of the ...

What Is A Seller Disclosure?

A seller disclosure is a form required by most states; the seller uses this form to disclose any kno ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

7 Tips for a First Time Homebuyer 10 Tips for Homebuyers What Must I Disclose When Selling My Home? Home Prices - The Extra Costs 6 Reasons you are not selling properties

FAQ

What is the Tax Benefits of Buying a Home? What is an appreciation? What is Disability Insurance? What is a APR Loan? What does computer insurance cover that my warranty doesn't?