What is specialty risk insurance?

Specialty risk insurance refers to any insurance policy that is non-traditional or unusual because the person or entity insured is exposed to certain risks. These unusual risks are typically a result of the dangerous nature of the insured's profession or industry.

Why insurers classify the risks?

The insurance risk class allows insurance companies to determine the amount of coverage needed, as well as how much that coverage should cost. Risk classifications are most commonly applied when underwriting life insurance policies.

What is the definition of risk insurance?

Risk insurance refers to the risk or chance of occurrence of something harmful or unexpected that might include loss or damage of the valuable assets of the person or injury or death of the person where the insurers assess these risks and, based on which, work out the premium that the policyholder needs to pay.

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E Check (Do not mail the original check) SPECIALTY RISK PREMIUM FINANCE flee sramga.com Or PAY ONLINE at http://srpf.financepro.com If you have questions, call 3186836206 NAME: SRPF ACCOUNT #: POLICY(S).

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