MLchartDataset catalogue

Borderline risk

Term · Insurance and risk management · MLC-T-INS-000595

An insurance applicant or exposure that does not clearly meet the standard underwriting criteria for acceptance or rejection. Such risks possess characteristics that make them marginally acceptable, requiring careful evaluation by an underwriter. The decision to insure a borderline risk often involves applying surcharges or specific exclusions to the policy.

Table 1. Record
IdentifierMLC-T-INS-000595
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-000595",
  "term": "Borderline risk",
  "field": "Insurance and risk management",
  "definition": "An insurance applicant or exposure that does not clearly meet the standard underwriting criteria for acceptance or rejection. Such risks possess characteristics that make them marginally acceptable, requiring careful evaluation by an underwriter. The decision to insure a borderline risk often involves applying surcharges or specific exclusions to the policy.",
  "url": "https://mlchart.com/terminology/insurance/borderline-risk/"
}

Record 357 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.