finite risk insurance


Definition
Form of insurance that utilizes the time value of money to determine critical factors such as premium, limitations on coverage, and time periods. This type of insurance is considered a variety of an Alternative Risk product. The policy spans multiple years and typically carries premiums that are well above current market rates. Any profit is divided between the insurer and the insurance provider.


Related Personal Finance Articles

Loading...

finite risk insurance in the news

Loading...
Enter your email address to get our free Term of the Day newsletter!

finite risk insurance is ...

... part of the Insurance subject.

Search volume for finite risk insurance

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z