Keyword Analysis & Research: definition of funding agreements

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What is a funding agreement backed note?

Funding-Agreement backed notes are structured securities peculiar to the insurance industry. In a nutshell, they are investable, tradable securities, backed by payment obligations – funding-agreements – issued by insurance companies.

What is premium finance agreement?

Premium financing is often transparent to the individual or company insured. Brokers transmit the completed premium finance agreement to the premium finance company, and the policy holder is billed as they would be for any other typical insurance policy.

What is a financial assistance agreement?

Summary. The Financial Assistance Agreement (FAA) is a written agreement between the municipality, the Department of Natural Resources, and the Department of Administration (DOA) that awards Clean Water Fund Program (CWFP) or Safe Drinking Water Loan Program (SDWLP) financial assistance. The FAA contains the terms and conditions...

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