Featuring Black’s Law Dictionary Free Online Legal Dictionary 2nd Ed.
What is DEFICIENCY RESERVE
A reserve. If premium is not charged on insureds is less than net premium. It is shown on the balance sheet.
Nothing implied or stated on this page should be construed to be legal, tax, or professional advice. The Law Dictionary is not a law firm and this page should not be interpreted as creating an attorney-client or legal adviser relationship. For questions regarding your specific situation, please consult a qualified attorney.