What does Securities Valuation Reserve mean? Read on to discover the definition & meaning of the term Securities Valuation Reserve - to help you better understand the language used in insurance policies.
Securities Valuation Reserve
A reserve required of life insurers to reduce the risks associated with market declines in the values of investments. The reserve is built through annual accruals out of income.
More Insurance Terms And Definitions
The Merriam-Webster Dictionary defines insurance as:
b: Coverage by contract whereby one party undertakes to indemnify or guarantee another against loss by a specified contingency or peril.
c: The sum for which something is insured.
We hope the you have a better understanding of the meaning of Securities Valuation Reserve. If you are looking for the meanings of other important insurance terms and their definitions, just click on the letter below to find the words & concepts you are looking for: