Meaning of “uninsurable risk” in the English Dictionary

"uninsurable risk" in Business English

See all translations

uninsurable risknoun [ C or U ]


a situation that you cannot protect yourself against by buying insurance because it is impossible to calculate how likely it is to happen, or how much damage it will cause:

In many cases catastrophes, such as earthquakes, have become uninsurable risks.

a situation for which an insurance company will not provide insurance, because, for example, it is certain to happen:

A person suffering from a terminal illness is considered to be an uninsurable risk.

(Definition of “uninsurable risk” from the Cambridge Business English Dictionary © Cambridge University Press)