Statutory Statement Of Accounting Principle Ssap Separate Accounts


Definition of "Statutory statement of accounting principle (ssap) 89—separate accounts"

Joyce Meyerdirk-McKenzie
  Century 21 New Millennium - Columbia

State law that stipulates that the worth of separate accounts must be valued at current market with the exception of those separate accounts established and maintained for guaranteed investment contracts (GICS).


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Minimum Lot Area

The smallest lot area required for building under the municipal zoning code. For example, a municipa ...

Internet Mortgages

Mortgages delivered using the Internet as a major part of the communication process between the borr ...

Dual Contract

Illegal practice of having two contracts for the same transaction. One contract may be used as a su ...

Guaranteed Issue

The right to purchase insurance without physical examination; the present and past physical conditio ...

Pro Rata Clause

Clause in an insurance policy that stipulates that the policy will pay for losses in proportion to t ...

Will

An individual's written statement of how he or she wants property to be distributed upon death. Th ...

Related Real Estate FAQ

What Is A Contingency?

A contingency is a provision included in a sales contract stating that certain events must occur or ...

How Can I Protect My Home Office?

Commercial insurance is designed to help protect many of the risks your business can face, includin ...

What Do I Need To Know About Business Insurance?

Commercial insurance is designed to help protect many of the risks your business can face, including ...

What Is A Point?

A point is equal to 1 percent of a loan amount. Lenders charge points in exchange for lowering the i ...

What Is Joint Tenancy?

A joint tenancy is an equal, undivided ownership in a property by two or more individuals. ...

What Is A Title Search?

A title search is the process of reviewing court records and other records to ensure that there are ...

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

How to become a real estate agent 5 U.S. Cities with the Best Public Transportation What is Hazard Insurance? 6 Reasons you are not selling properties 7 Things to Consider Before Moving to a New City

FAQ

What is a seller takeback? How do I file an Insurance Claim? What does computer insurance cover that my warranty doesn't? What does Travel Insurance Typically Cover? What do I need to know about Group Health Insurance?