This Insurance Glossary of Terms is produced and maintained by the National Alliance Research Academy. 
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Admitted Assets

Assets whose value is included in the annual statement of an insurance company to insurance regulators; include cash and short-term deposits readily convertible into cash, letter of credit capital and investments according to the type of asset permitted by the domicile.

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Approved for 1 Hour of State Reported CE Credit in AR, AZ, CO, DE, FL, GA, IL, IN, KS, MA, NC, NE, NJ, OK, SC, TN, TX, and UT.