All risks is a term that is commonly used in the insurance industry to refer to the type of coverage that provides protection against all types of risks, except for those specifically excluded in the policy. This type of coverage is often preferred by businesses and individuals who want to have comprehensive protection against unforeseen events that could result in financial losses.
Definitions
All risks is a type of insurance coverage that provides protection against all types of risks, except for those specifically excluded in the policy. This type of coverage is often used to protect against losses resulting from events such as fire, theft, vandalism, and natural disasters.
Origin
The term all risks has its origins in the insurance industry, where it was first used to describe a type of coverage that provided comprehensive protection against all types of risks. Over time, the term has become widely used to describe any situation where there is a high level of risk or uncertainty.
Meaning in different dictionaries
In different dictionaries, the term all risks is defined as a type of insurance coverage that provides protection against all types of risks, except for those specifically excluded in the policy. The term is often used to describe a situation where there is a high level of risk or uncertainty.
Associations
The term all risks is often associated with the insurance industry, where it is commonly used to describe a type of coverage that provides comprehensive protection against all types of risks. The term is also associated with situations where there is a high level of risk or uncertainty, such as in the financial markets or in business.
Synonyms
Some synonyms of all risks include comprehensive coverage, all perils coverage, and open perils coverage. These terms are often used interchangeably with all risks to describe insurance coverage that provides protection against all types of risks, except for those specifically excluded in the policy.
Antonyms
The antonyms of all risks include limited coverage, named perils coverage, and specific coverage. These terms are used to describe insurance coverage that provides protection against specific risks or events, rather than comprehensive protection against all types of risks.
The same root words
The term all risks does not have any specific root words, as it is a phrase that has been widely adopted in the insurance industry to describe a type of coverage that provides comprehensive protection against all types of risks.
Example Sentences
- I opted for all risks insurance coverage to ensure that I am protected against any unforeseen events that could result in financial losses.
- The company decided to take out all risks insurance coverage to protect its assets against potential risks and uncertainties.
- The all risks policy provided comprehensive protection against all types of risks, except for those specifically excluded in the policy.