noun
1.
Risk is the likelihood that an insured event occurs, that is, an event in which the insurance company is likely to pay out a Claim. Insurance companies use Risk when determining whether to insure a home, car, or individual, and when setting Premiums. People with lower Risk generally pay lower rates, and people with higher Risk generally pay higher rates.
There are many considerations when purchasing family life insurance. Make sure your family understands these life insurance mistakes and how to avoid them.
E&O insurance is specifically designed to protect you, or your company, from the risk of a client’s dissatisfaction.
Believe it or not, your Life Insurance policy can be helpful for you, not just your loved ones. Find out four ways your Life policy can help you in the here and now.