all-risk insurance

all-risk insurance definition - business

all-risk insurance

Comprehensive insurance coverage for all perils unless a peril is specifically excluded. For example, a homeowner's insurance policy is likely to exclude losses due to damage from earthquakes and flooding.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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