Risk Spread

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

Risk Spread

Risk Spread

Risk spread is a business strategy employed by insurance companies. It involves selling insurance covering the same risk in one period or selling a huge number of policies with different coverage in many areas.

More Insurance Terms And Definitions

The Merriam-Webster Dictionary defines insurance as:

a: The business of insuring persons or property.

b: Coverage by contract whereby one party undertakes to indemnify or guarantee another against loss by a specified contingency or peril.

c: The sum for which something is insured.

We hope the you have a better understanding of the meaning of Risk Spread. If you are looking for the meanings of other important insurance terms and their definitions, just click on the letter below to find the words & concepts you are looking for:

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