under-insurancen.

Brit.

/ˌʌndərɪnˈʃʊərəns/,

/ˌʌndərɪnˈʃʊərn̩s/,

/ˌʌndərɪnˈʃɔːrəns/,

/ˌʌndərɪnˈʃɔːrn̩s/, U.S.

/ˌəndərᵻnˈʃʊrəns/

Etymology: under- prefix¹ 5(b).

Insurance (of goods, property, etc.) at less than their real value.

ΘΚΠ

society > trade and finance > financial dealings > insurance > [noun] > act of insuring

surance1547

assurance1622

hedginga1631

insuring1647

over-insurance1755

self-insurance1829

insurance1878

under-insurance1893

1893 Standard (Boston) 20 May 518/1 Mr. Goodwin considers the tendency toward under-insurance of safe risks as the cause of the general requirement of the 80 per cent coinsurance clause.

1930 F. E. Wolfe Princ. Prop. Insurance ix. 147 Underinsurance is ignored if the practice is followed by fixing rates from time to time.

1949 R. S. Sharma Insurance Princ. & Pract. xxiv. 268 One of the difficulties in arriving at a scientific basis of rating in fire insurance is of under-insurance.

1976 Business Week 5 July 24 The hazards of underinsurance..exploded in Mississippi as a massive liquidity crisis triggered the..‘bank holiday’.

This entry has not yet been fully updated (first published 1986; most recently modified version published online March 2022).

单词	under-insurance
释义	under-insurancen. Brit. /ˌʌndərɪnˈʃʊərəns/, /ˌʌndərɪnˈʃʊərn̩s/, /ˌʌndərɪnˈʃɔːrəns/, /ˌʌndərɪnˈʃɔːrn̩s/, U.S. /ˌəndərᵻnˈʃʊrəns/ Etymology: under- prefix¹ 5(b). Insurance (of goods, property, etc.) at less than their real value. ΘΚΠ society > trade and finance > financial dealings > insurance > [noun] > act of insuring surance1547 assurance1622 hedginga1631 insuring1647 over-insurance1755 self-insurance1829 insurance1878 under-insurance1893 1893 Standard (Boston) 20 May 518/1 Mr. Goodwin considers the tendency toward under-insurance of safe risks as the cause of the general requirement of the 80 per cent coinsurance clause. 1930 F. E. Wolfe Princ. Prop. Insurance ix. 147 Underinsurance is ignored if the practice is followed by fixing rates from time to time. 1949 R. S. Sharma Insurance Princ. & Pract. xxiv. 268 One of the difficulties in arriving at a scientific basis of rating in fire insurance is of under-insurance. 1976 Business Week 5 July 24 The hazards of underinsurance..exploded in Mississippi as a massive liquidity crisis triggered the..‘bank holiday’. This entry has not yet been fully updated (first published 1986; most recently modified version published online March 2022). < n.1893
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