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on risk. In DICTIOUS you will not only get to know all the dictionary meanings for the word
on risk, but we will also tell you about its etymology, its characteristics and you will know how to say
on risk in singular and plural. Everything you need to know about the word
on risk you have here. The definition of the word
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English
Adjective
on risk (not comparable)
- (insurance) Of a policyholder, covered by a particular insurance policy or insurer at a specific point in time.
- Mr Smith was on risk with us on the day of the accident, so the policy should pay out.
- We would expect you to be on risk with your buildings insurance at the point the purchase is completed.
Usage notes
- Can be distinguished from insured; a person can be described as insured either in general for a particular peril or by a particular policy/insurer, but they could only be described as on risk for a specific policy and/or insurer.