Skip to content

Insurance Exam Vocabulary Terms

Investment grade

The obligation has been determined to be in one of the top four generic lettered rating classifications by a securities rating agency acceptable to the commissioner, that the obligation has been identified in writing by such a rating agency to be of investment grade quality, or, if the obligation has not been submitted to any such rating agency, that the obligation has been determined to be investment grade (Class 1 and Class 2) by the Securities Valuation Office of the National Association of Insurance Commissioners.

Our Insurance Exam Prep Includes...

  • Hundreds of Insurance Practice Test Questions (that apply to your state)
  • Insurance Vocabulary Flashcards
  • Study-Mode & Timed-Exam Mode
  • Take Unlimited Tests For 1 Year
  • User-Friendly On All Devices
  • 2024 Updated Material
  • Insurance Exam Tip Videos
  • Support From Licensed Instructor
  • Insurance Terms & Glossary
  • Pass Money Back Guarantee
Reset my Password
OR