noun
1.
Risk is the likelihood that an insured event occurs, that is, an event in which the insurance company is likely to pay out a Claim. Insurance companies use Risk when determining whether to insure a home, car, or individual, and when setting Premiums. People with lower Risk generally pay lower rates, and people with higher Risk generally pay higher rates.
There are unique risks of owning a second home and obtaining the proper coverage may protect you from financial risk.
For married couples, weighing life insurance pros and cons later in life is key to choosing what fits your needs.
Cyber security is more than just email links. Find out if modern scams like deepfakes are covered by Cyber Liability coverage