What Does Annual Statement Mean?

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What does Annual Statement mean? Read on to discover the definition & meaning of the term Annual Statement - to help you better understand the language used in insurance policies.

Annual Statement

Annual Statement

An annual report required to be filed with each state in which an insurer does business. This report provides a snapshot of the financial condition of a company and significant events which occurred throughout the reporting year.

We hope the you have a better understanding of the meaning of Annual Statement.

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