What Does Valuation Date Mean?

Free Business Insurance Quote Click Here
What does Valuation Date mean? Read on to discover the definition & meaning of the term Valuation Date - to help you better understand the language used in insurance policies.

Valuation Date

Valuation Date

The cutoff date for adjustments made to paid claims and reserve estimates in a loss report. For example, a workers compensation loss report for the 2013 policy year that has a 2015 valuation date includes all claim payments and changes in loss reserves made prior to the 2015 valuation date.

We hope the you have a better understanding of the meaning of Valuation Date.

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z


Free Business Insurance Quote Click Here