Insurance glossary
What is NON-ADMITTED ASSETS?
NON-ADMITTED ASSETS — Assets that are not included on the balance sheet of an insurance company, including furniture, fixtures, past-due accounts receivable, and agents’ debt balances. (See Assets)
Insurance glossary
NON-ADMITTED ASSETS — Assets that are not included on the balance sheet of an insurance company, including furniture, fixtures, past-due accounts receivable, and agents’ debt balances. (See Assets)