Insurance risk

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Revision as of 11:31, 19 May 2015 by imported>Doug Williamson (Create the page. Source: MCT reading 1 - 1.4.1 page 3.)
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The risk of financial loss or other adverse effects resulting from failures in relation to the organisation's insurance activities.

A simple example would be failing to pay a premium on time, resulting in being uninsured.


See also

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