Preferred Risk
Barron's Business Dictionary:
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Preferred Risk
Insured, or an applicant for insurance, with lower expectation of incurring a loss than the standard applicant. For example, an applicant for life insurance who does not smoke can usually obtain a reduced premium rate to reflect greater life expectancy.
| Preferred Dividend Coverage, Preferred Dividend, Preferential Rehiring | |
| Preferred Stock, Preferred-Provider Organization (PPO), Pregnancy Discrimination Act (PDA) |
Related Videos:
Top
Preferred Risk
Barron's Insurance Dictionary:
Top
Preferred Risk
Insured, or an applicant for insurance, with lower expectation of incurring a loss than the standard applicant. For example, an applicant for life insurance who does not smoke can usually obtain a reduced premium rate to reflect his or her greater life expectancy.
| Preferred Provider Organization (PPO), Preexisting Condition, Preauthorized Check System (PAC) | |
| Preliminaryterm, Premature Distribution Penalty, Premises Medical Payments Insurance |
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(insurance term)
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