Highly Protected Risk


Also found in: Acronyms.

Highly Protected Risk

A risk that is highly unlikely to happen and, if it does, is unlikely to cause a great deal of damage. Insurance policies covering highly protected risks carry low premiums
References in periodicals archive ?
FM Global's business profile is characterized as 'Very Strong' by Fitch as FM Global has built a significant franchise in the commercial property market for highly protected risks.
As a mutual company, FM Global and its policyholders/owners take pride in having highly protected risks.
Digital's buildings qualify as highly protected risks so redundant fire protection, water and public utility supplies, damage and loss limited construction features are all incorporated into the protection plan.
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