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All Risk Insurance |
Also found in: Acronyms | 0.12 sec. |
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All Risk Insurance Marine cargo insurance which covers most perils except strikes, riots, civil unrest, capture, war, seizure, civil war, piracy, loss of market, and inherent vice. All Risk Insurance An insurance policy that covers all possible claims not specifically excluded. All risk insurance is found only in property insurance. Homeowners insurance in sometimes all risk insurance. If one's homeowners insurance is an all risk policy and the house burns down, the insurance policy covers it unless the agreement states categorically that it will not cover destruction by fire. All risk insurance is usually quite expensive. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| ? Mentioned in | ? References in periodicals archive | |
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The affirmation and removal of classes A-1, A-2 and X from Rating
Watch Negative, following the borrower's acceptance of insurance
coverage made available by its all risk insurance provider under the
Terrorism Risk Insurance Act of 2002 (TRIA). |
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