Nonadmitted Assets assets having economic value other than those which can be used to fulfill policyholder obligations, or those assets which are unavailable due to encumbrances or other third party interests and should not be recognized on the balance sheet. What is Nonadmitted Assets , What does mean Nonadmitted Assets , Insurance Guide, Insurance Glossary
Credit Placed Insurance insurance that is purchased unilaterally by the creditor, who is the named insured, subsequent to the date of the credit transaction, pr... more