What Does Risk Bearer Mean?

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What does Risk Bearer mean? Read on to discover the definition & meaning of the term Risk Bearer - to help you better understand the language used in insurance policies.

Risk Bearer

Risk Bearer

A risk bearer is an entity or person who engages in work that has a certain degree of uncertainty, such as a business owner who faces the possibility of not turning a profit from the goods they sell or services they provide.

We hope the you have a better understanding of the meaning of Risk Bearer.

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