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Excluded risk

A specific circumstance under which a given life Insurance policy will not pay Benefit. Some policies list war and plane crashes as Excluded risk.

Related Terms: 11 Benefit, CLU, Crash, ECI, Excluded risk, Insurance, Insurance policy, ITS, Life insurance, Policy, Risk
Other Related Pages: Category: Insurance Starting With: E
Additional Related Terms: 10-K, 401(k) plan, 403(b) plan, 457 plan, Approved list, Automatic reinvestment plan, Accommodative monetary policy, Accelerated benefits, Accidental death benefit, Adjustable life insurance