What Does Voluntary Reserve Mean?

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

Voluntary Reserve

Voluntary Reserve

A voluntary reserve refers to monetary or other liquid assets set aside voluntarily by insurance companies. As government agencies do require a certain reserve amount, voluntary reserves are surplus or additional liquid assets above the requirement.

We hope the you have a better understanding of the meaning of Voluntary Reserve.

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