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WordNet-Online
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Definitions from the WebTerm: Assigned-RiskDefinition:The term "assigned-risk" refers to a system commonly used in insurance to allocate coverage to individuals or businesses that are considered high risks and are unable to obtain coverage through the standard insurance market. Part of speech:Noun (singular); Adjective Sense 1:As a noun: Assigned-Risk refers to a pool or group of individuals or businesses who are uninsurable in the standard market but are required by law to have coverage. They are assigned to insurance carriers who are obligated to provide them with insurance policies. Example sentence: The assigned-risk pool of drivers includes high-risk individuals with multiple traffic violations. Sense 2:As an adjective: Assigned-risk describes individuals or businesses that are designated as high risk and therefore assigned to an insurance carrier in the assigned-risk pool. Example sentence: The assigned-risk policy for this business had higher premiums due to its previous history of claims. Related products on Amazon: | ||||
assiduousness assiglem assign assign to assignable assignate assignation assigned- assigned-risk assigned assignee assigning assignment assignment clause assignments assignor assigns
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