Capacity [Insurance] Law and Legal Definition
In insurance, capacity refers to the availability of insurance necessary to meet the demand. It is often determined by the consumer’s ability to accept risk. The adequacy of an insurer's capital relative to its exposure to loss is an important measure of solvency.
Legal Definition list
Related Legal Terms
- Absorptive Capacity
- Accelerated Life Insurance Benefits
- Accident Insurance
- Accidental Death and Dismemberment [Insurance]
- Accommodation Line [Insurance]
- Accountants Professional Liability Insurance
- Accounts Receivable Insurance
- Actual Cash Value Insurance
- Actual Delivery of Insurance Policy
- Actuarial Documents [Federal Crop Insurance Corporation]
