All-risks coverage - Definition

It is a type of insurance that covers all Risk unless it is specially mentioned as excluded. If not mentioned it is automatically covered. For instance, if an all-risk home policy does not mention flood exclusion, the house will be covered in the event of flood damage. All-risk is definitely the most comprehensive type of coverage offered. So its cost is proportionally higher than other policies. It is calculated against the probability of a claim.



Terms near "All-risks coverage "

Allegation
Allied member
Alligator spread
Allocation
Allonge
Allotment
Allottee
Allowance
Allowance for doubtful accounts
Allowance of depreciation
Ready to Trade!
First you'll need an online broker. See how much you can save by visiting Forexbite Broker Center.
Advertisement

All-risks coverage - Related articles & news

Featured
Top 5 factors that affect exchange rates ...

There are many factors that affect exchange rates of currencies. However some are more important in currency trading than others. These are; Interest and Inflation rates, Trade balance, Currency market speculation, Foreign investment and Central bank market intervention. Learn how to use these factors in your forex tra ...

Forex Navigation