Impaired insurer,

Definition of Impaired insurer:

1. An impaired insurer is an insurance company that is potentially unable to fulfill its policy obligations and has been placed under rehabilitation or conservation. An impaired insurer is not insolvent but it does pose a potential threat to its policyholders. States consider impaired insurers a risk because they may be unable to fulfill obligations afforded to its citizens in the case of an emergency.

2. An insurer which has either gone out of business or filed for Chapter 11 bankruptcy. Impaired insurers must be backed by a guaranty association which pays its entitled policy holders.

3. State insurance commissions may determine that an insurance company may be an impaired insurer if is running into trouble and may be unable to fulfill its obligations. A court can place the insurer in conservation or rehabilitation until the health of the company improves enough that the risk of insolvency has ended. An impaired insurer that is unable to exit court-ordered conservation or rehabilitation may be considered an insolvent insurer and may be forced into liquidation.

How to use Impaired insurer in a sentence?

1. State insurance commissions may determine that an insurance company may be an impaired insurer if is running into trouble and may be unable to fulfill its obligations.
2. States consider impaired insurers a risk because they may be unable to fulfill obligations afforded to its citizens in the case of an emergency.
3. An impaired insurer is an insurance company that is potentially unable to fulfill its policy obligations and has been placed under rehabilitation or conservation.
4. An impaired insurer is not insolvent but it does pose a potential threat to its policyholders.

Impaired Insurer,

Impaired Insurer:

1. Meaning of Impaired Insurer: Insurers who are in financial difficulties where their ability to meet financial obligations or regulatory requirements is questionable.

2. Insurers who are in financial difficulties where their ability to meet financial obligations or regulatory requirements is questionable.

Literal Meanings of Impaired Insurer

Impaired:

Meanings of Impaired:

1. Weak or bad

2. You have a special disability.

Sentences of Impaired

1. Failed banking system

2. Deaf child

Insurer:

Meanings of Insurer:

1. The person or company that handles the insurance risk, a portion of the insurance contract that acts to pay the compensation.

Sentences of Insurer

1. It may even help to trade your own insurers' estimated losses for a single mortgage.

Impaired Insurer,

What is The Meaning of Impaired Insurer?

Financially distressed patients who question their ability to meet financial obligations or regulatory requirements.

Insurers who are in financial difficulties where their financial obligations or ability to meet regulatory requirements are called into question.

Literal Meanings of Impaired Insurer

Impaired:

Meanings of Impaired:

1. There is a special type of disability.

2. Weakness or loss (something, especially a ability or function).

Sentences of Impaired

1. Blind child

2. Hard work can permanently damage your hearing.

Synonyms of Impaired

lessen, threaten, disable, undermine, weaken, harm, diminish, decrease, hinder, blunt, vitiate, mar, impede, damage, put the kibosh on, reduce, spoil, foul up, compromise

Insurer:

Meanings of Insurer:

1. The insured person or company accepts the risk that the contracting parties will be liable to pay compensation.

Impaired Insurer,

Impaired Insurer:

Insurers who are in financial difficulties to the point where their ability to meet financial obligations or regulatory requirements is called into question.

Insurers who are in financial difficulties to the point where their financial obligations or ability to meet regulatory requirements are called into question.

Literal Meanings of Impaired Insurer

Impaired:

Meanings of Impaired:

1. Weakening or damaging (something, especially a qualification or job).

Sentences of Impaired

1. Working hard can permanently damage your hearing.

Insurer:

Meanings of Insurer:

1. The insured person or company takes the risk that the other party to the insurance contract will promise to pay compensation.