Finite Risk Insurance

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Definition: Finite Risk Insurance

Finite Risk Insurance
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Full Definition of Finite Risk Insurance

Form of insurance that utilizes the time value of money to determine critical factors such as premium, limitations on coverage, and time periods. This type of insurance is considered a variety of an Alternative Risk product. The policy spans multiple years and typically carries premiums that are well above current market rates. Any profit is divided between the insurer and the insurance provider.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/finite-risk-insurance/
Modern Language Association (MLA):
Finite Risk Insurance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/finite-risk-insurance/.
Chicago Manual of Style (CMS):
Finite Risk Insurance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/finite-risk-insurance/ (accessed: April 19, 2024).
American Psychological Association (APA):
Finite Risk Insurance. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/finite-risk-insurance/

Definition Sources

Definitions for Finite Risk Insurance are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.