Seasonal risk

{
  "id": "MLC-T-INS-003029",
  "term": "Seasonal risk",
  "field": "Insurance and risk management",
  "definition": "The heightened probability of loss or damage that occurs during specific times of the year due to predictable environmental or operational factors. This includes increased flood risk during spring thaws or higher theft rates during holiday seasons. Insurers account for seasonal risk by adjusting premiums or offering specialized coverage options for businesses with fluctuating exposures.",
  "url": "https://mlchart.com/terminology/insurance/seasonal-risk/"
}