substandard risk
Definition
Insurance industry term for an individual considered below average or an impaired insurance risk due to his or her dangerous habits, health condition, family history of disease, hazardous occupation or hobby, and/or residence in unhealthy surroundings. Also called impaired risk.
Popular 'Disaster Planning & Risk Management' Terms
substandard risk in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/substandard-risk.html
