What is Exposure?

Exposure

[ik-spoh-zher]

noun

1.

Exposure is an individual’s inclination to Risk in their daily life. For example, the more a person drives their car, the higher their Exposure to an accident. Insurance companies use Exposure to measure the risks of taking on certain policies and to help determine Premiums.

Share |

Have A Question About This Topic?

Thank you! Oops!

Related Content

The Other Sure Thing

The Other Sure Thing

Though we don’t like to think about it, all of us will make an exit sometime. Are you prepared?

What is Loss of Use?

What is Loss of Use?

Do you know what Loss of Use is?

Long-Term-Care Protection Strategies

Long-Term-Care Protection Strategies

The chances of needing long-term care, its cost, and strategies for covering that cost.