Persons who have a significantly greater-than-average likelihood of loss and do not meet the requirements for a standard insurance policy.
A person who cannot meet the normal health requirements of a standard insurance policy. Protection is provided under a waiver, special policy form, or higher premium charge. Also known as impaired risk.
An applicant or insured who is considered to have a higher than normal risk of incurring a loss based either on health, a vocation and/or lifestyle. An applicant considered a substandard risk may be offered coverage at a higher premium.
An applicant for insurance displaying characteristics forecasting higher than average loss expectancy.
A person that is considered a substandard or impaired life insurance risk because of personal or family history of disease, physical condition, or hazardous activities.
Person who is considered an under-average or impaired insurance risk because of physical condition, family or personal history of disease, occupation, residence in unhealthy climate or dangerous habits.
A risk that cannot meet the normal health requirements of a standard insurance policy. Protection is provided in consideration of a waiver, a special policy form, or a higher premium charge.
For insurance purposes, a person who is considered to have a more than average risk of loss of life based upon their medical condition and history, avocation and lifestyle.
Persons who cannot meet the health requirements of a standard health insurance policy. J K M N O X Y Z
Where the risk of a claim against a policy is higher than average.
A risk falling outside normal underwriting standards. If written at all, it is usually with a substantial premium surcharge.
Person who is considered an above-average insurance risk because of physical condition, family or personal history of disease, hazardous occupation, residence in an unhealthy climate or dangerous habits. Also known as "Impaired Risk".
A risk not measuring up to underwriting standards. It may still be written but usually at a surcharged premium.
An individual, who, because of poor health history or physical limitations, does not measure up to the qualification of a standard risk.
a risk which does not meet the underwriting standards set up by the company for the coverages involved.