Moderate Severity Definition

Moderate Severity Definition

What Is Average Severity? Average severity is the amount of loss associated with an average insurance claim. It is calculated by dividing the total amount of losses an insurance company receives by the number of claims made against policies that it underwrites. Key Takeaways Average severity is the amount of loss associated with an average insurance claim.It

Automatic Rollover Definition

Automatic Rollover Definition

What Is an Automatic Rollover? 1. An automatic rollover is the transfer of a qualified retirement plan distribution into an individual retirement account (IRA) with no action required by the account holder. This happens when a company removes an employee with a small balance from a company-sponsored retirement plan after they leave the company. Employees