Definitions for "Highly Protected Risk"
A building meeting certain standards of fire protection, which is therefore eligible for a reduced rate.
This is an American term to denote a risk where firm action has been taken to reduce the frequency and severity of a loss, such as sprinkler system and fire and smoke alarms. The term is reserved for the best quality risks which consequently enjoy a lower premium rating.
A building or other structure of superior construction, designed to be much less susceptible to loss than a standard building, as a result of a commitment to risk management.