Capital and Surplus Requirement statutory requirement ordering companies to maintain their capital and surplus at an amount equal to or in excess of a specified amount to help assure the solvency of the company by providing a financial cushion against expected loss or misjudgments and generally measured as a company's admitted assets minus its liabilities, determined on a statutory accounting basis. What is Capital and Surplus Requirement , What does mean Capital and Surplus Requirement , Insurance Guide, Insurance Glossary
Whole Life life insurance that may be kept in force for a person's entire life and that pays a benefit upon the person's death, whenever that may be. What is... more