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Risk
The Dictionary of Insurance Terms and Definitions
For life insurance purposes, “risk” refers to the probability that a covered death will occur. In more technical terms, it is the probability that the insured will incur financial loss as a result of a specified, covered occurrence, i.e. damage to property, personal injury or loss of life.
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R. Jan Pinney CLU, ChFC, is a licensed life insurance agent in all states and the District of Columbia. The following agent license numbers are provided for R. Jan Pinney as required by state law: CA agent #0440057, LA agent #291116, MA agent #1674866, MN agent #20270113, UT agent #58330, agent R. Jan Pinney, DBA Pinney Wholesale Insurance Services. Commercial use by others is prohibited by law. This site provides term quotes. Each rate shown is a quote based on information provided by the carrier. No portion of WholesaleInsurance.net may be copied, published, faxed, mailed or distributed in any manner for any purpose without prior written authorization of the owner.