Statutory Surplus


Definition of "Statutory surplus"

Cathy Spacek real estate agent
Cathy Spacek REALM Real Estate Professionals

Excess funds above the amount required to establish legal reserves for the policies in force. These excess funds are generated as the result of mortality savings, excess interest earned on investments (an amount above that expected), and expense savings.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

Popular Real Estate Terms

Popular Real Estate FAQ