What Does Contingency Reserves Mean?

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

Contingency Reserves

Contingency Reserves

required by some jurisdictions as a hedge against adverse experience from operations, particularly adverse claim experience.

We hope the you have a better understanding of the meaning of Contingency Reserves.

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