What does Speculative Risk mean? Read on to discover the definition & meaning of the term Speculative Risk - to help you better understand the language used in insurance policies.
Insurance industry term for a situation where the possibility of either a financial loss or a financial gain exists, such as in purchase of shares or betting on horses. Unlike pure risks, speculative risks are usually not insurable.
We hope the you have a better understanding of the meaning of Speculative Risk.