uninsurable risk definition

uninsurable risk

Condition or situation that fails to meet the requirements of an insurable risk, such as where a loss is inevitable (as the death of a patient suffering from a terminal illness) or where the damage is gradual (as corrosion or rusting of metals).

uninsurable risk is in the Disaster Planning & Risk Management and General, Marine, & Life Insurance subjects.

uninsurable risk appears in the definition of the following term: insurable risk

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