Full-risk premium rate
Term · Insurance and risk management · MLC-T-INS-000103
A rate charged to a group of policies that results in aggregate premiums sufficient to pay anticipated losses and expenses for that group.
| Identifier | MLC-T-INS-000103 |
|---|---|
| Field | Insurance and risk management |
| Subject | National Flood Insurance Program |
| References | FloodSmart Flood Insurance Glossary; FEMA Glossary |
Record as JSON
{
"id": "MLC-T-INS-000103",
"term": "Full-risk premium rate",
"field": "Insurance and risk management",
"term_source": "Full-Risk Premium Rate",
"definition": "A rate charged to a group of policies that results in aggregate premiums sufficient to pay anticipated losses and expenses for that group.",
"subject": "National Flood Insurance Program",
"references": [
"FloodSmart Flood Insurance Glossary",
"FEMA Glossary"
],
"url": "https://mlchart.com/terminology/insurance/full-risk-premium-rate/"
}
Record 1,508 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.