Adequacy of Surplus

Written by  //  June 22, 2011  //  Insurance Glossary: A-D, Insurance Terms  //  No comments

This is a measure of whether a company’s assets, in excess of liabilities, are sufficient to pay your benefits even if an unexpected catastrophe occurs. For this reason, the Insurance Answer Center only offers products from companies rated B+ (very good) by A.M. Best, an independent rating agency.

Leave a Comment

comm comm comm