| 释义 |
Uninsurable Risk Uninsurable RiskA risk against which one cannot purchase insurance, either because it is very likely to occur or because it would be too expensive to cover if it did. For example, a 118-year-old person may be an uninsurable risk for life insurance because the person is very likely to die before the insurer collects a sufficient amount in premiums. Likewise, one generally cannot insure against nuclear war because, even though nuclear war is unlikely, repairs and medical bills would be prohibitively expensive. |