noun
1.
Risk is the likelihood that an insured event occurs, that is, an event in which the insurance company is likely to pay out a Claim. Insurance companies use Risk when determining whether to insure a home, car, or individual, and when setting Premiums. People with lower Risk generally pay lower rates, and people with higher Risk generally pay higher rates.
Social media may be a modern imperative for businesses looking to grow and build their brand, but it also introduces risk.
Important as it is, Medicare does not cover the full range of health-care expenses you may experience in your golden years.
Learn the advantages of Business Owner's Policies with this highly educational and fun animated video.