Insurance   A layperson's glossary of insurance terminology.

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what is...
RISK
The chance of loss or the person or entity that is insured.
ALSO SEE: BEACH AND WINDSTORM PLANS, NONSMOKER RISK CLASS, HURRICANE DEDUCTIBLE, ALTERNATIVE MARKETS, ASSIGNED RISK PLANS, CREDIT DERIVATIVES, LLOYD'S OF LONDON, UNINSURABLE RISK, DIRECT PREMIUMS, LIFE INSURANCE, SELF-INSURANCE, OPTION B PLAN, OPTION A PLAN, UNDERWRITING, REINSURANCE, INSURANCE, CAPACITY, ACTUARY, PERIL, RATE

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