All risk is a term that is commonly used in the insurance industry to refer to a type of coverage that provides protection against all types of losses or damages that may occur to a property or asset. This type of coverage is often sought after by individuals and businesses who want to ensure that they are fully protected against any unforeseen events that may occur.
Definitions
All risk is defined as a type of insurance coverage that provides protection against all types of losses or damages that may occur to a property or asset. This type of coverage is often sought after by individuals and businesses who want to ensure that they are fully protected against any unforeseen events that may occur.
Origin
The origin of the term all risk can be traced back to the insurance industry, where it was first used to describe a type of coverage that provided protection against all types of losses or damages that may occur to a property or asset.
Meaning in different dictionaries
According to the Merriam-Webster dictionary, all risk is defined as “insurance coverage that protects against loss or damage from all perils except those specifically excluded by the policy.”
The Oxford English dictionary defines all risk as “insurance coverage that provides protection against all types of losses or damages that may occur to a property or asset.”
Associations
All risk is often associated with the insurance industry, where it is used to describe a type of coverage that provides protection against all types of losses or damages that may occur to a property or asset.
Synonyms
Synonyms of all risk include comprehensive coverage, all perils coverage, and all hazards coverage.
Antonyms
Antonyms of all risk include limited coverage, specific perils coverage, and named perils coverage.
The same root words
The root words of all risk are “all” and “risk,” which together form a term that describes a type of insurance coverage that provides protection against all types of losses or damages that may occur to a property or asset.
Example Sentences
- I decided to get all risk coverage for my new car to ensure that I am fully protected against any unforeseen events.
- The company opted for all risk coverage for their property to ensure that they are fully protected against any damages or losses that may occur.
- The insurance policy provides all risk coverage for the property, which means that the owner is protected against all types of losses or damages.