convention statement
Definition
An annual statement that must be filed by life insurance companies in each state where they do business. These statements must meet the state's reporting requirements, and include such data as assets, liabilities and surplus.
 Cite this definition
Related Research Articles from the InvestorGuide.com University
Car Insurance
If you drive a car, you need to buy insurance. In many areas, it's mandated by law, and in any case, its worth protecting yourself against the high costs of accidents. Learn about the different policy types, liability, filing claims, and reducing your premiums in order to find the insurance policy that's right for you
Introduction to Insurance
Find out how to protect yourself by learning the basics behind insurance and what factors should be considered when purchasing insurance.
Life Insurance
Includes all you need to know about provisions and types of life insurance policies. Learn about incontestable provisions, suicide provisions, reinstatement clauses, excluded risks, and settlement options. Once you speak the lingo, read up on the different types of life insurance: Term life, cash value, whole life, single premium life, universal life, variable life, and variable universal life.
Featured Sponsor
|
|
