Used in Life Insurance terminology as a shortened term for non-forfeiture values. See Non-forfeiture Values.
Facebook
Linked In
Instagram
Contact Us
News
Calculators
Resource Center
SPREADING THE RISK
One of the basic principles of insurance where an Insurer seeks to limit his exposure on a particular location. He may do so by: (1) Accepting only part of a risk offered to him, thereby spreading the risk over a number of Insurers; and (2) Seeking to reinsure a portion of the line he has accepted with other Insurers.