insured risk

Quelle: https://www.irmi.com/online/insurance-glossary/terms/i/insured-risk.aspx

The insured risk is the risk of loss or damage to goods during transport that is covered by an insurance policy; it denotes the perils for which the insurer provides coverage in exchange for a premium (insurance coverage, e.g., for cargo in transit).

Related Terms

You might also be interested in these terms

Sum insured

The sum insured is the maximum amount the insurer will indemnify or pay under the insurance contract in the event of a loss; it represents the maximum...

Learn more

IT risk

IT risk in logistics and supply chain refers to the potential of information technology threats or failures to disrupt operations, compromising the co...

Learn more

Insured value

The insured value is the monetary value of goods declared to the insurer for insurance coverage, used to calculate the premium and to determine the pa...

Learn more

risk rule

A risk rule is a predefined policy or rule intended to identify, assess, and mitigate risks within logistics, supply chain, or transportation, and to ...

Learn more

Road risk

The potential for losses or delays arising from road transport, including traffic accidents, road closures, driver availability, theft, weather-relate...

Learn more

Air risk

The risk associated with air transport or air freight, including potential delays, loss or damage, and regulatory, security, and operational risks.

Learn more