All Risks

All Risks
A type of insurance coverage that can exclude only risks that have been specifically outlined in the contract. "All risks" means that any risk that the contract does not specifically omit is automatically covered. For example, if an all-risks homeowner's policy does not expressly exclude flood coverage, then the house will be covered in the event of flood damage.

This type of policy is found only in the property-casualty market. All-risks insurance is obviously the most comprehensive type of coverage available. It is therefore priced proportionately higher than other types of policies, and the cost of this type of insurance should be measured against the probability of a claim.


Investment dictionary. . 2012.

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  • all-risks — all ˈrisks also all risk written abbreviation a/​r adjective [only before a noun] INSURANCE providing insurance against any kind of loss or damage: • Expensive items of jewellery may be insured under an all risks policy. * * * all risks …   Financial and business terms

  • all-risks — all risksˈ adjective (of insurance) covering all risks except a number specifically excluded (eg war risks) • • • Main Entry: ↑all * * * all risks «L RIHSKS», adjective. = all risk. (Cf. ↑all risk) …   Useful english dictionary

  • all-risks insurance — ➔ insurance …   Financial and business terms

  • all-risks policy — An insurance policy covering personal possessions against many risks but not, of course, all risks. A policy of this kind does not list the risks covered; instead it lists only the exclusions. Such wide cover often merits very high premiums and… …   Big dictionary of business and management

  • all risks — adjective see all risk …   Useful english dictionary

  • All-Risks-Versicherung — All Rịsks Ver|si|che|rung 〈[ɔ:l ] f. 20〉 Versicherung, die grundsätzlich alle Gefahren umfasst [<engl. all „alle“ + risk „Risiko, Gefahr“] …   Universal-Lexikon

  • All-Risks-Versicherung — All Rịsks Ver|si|che|rung 〈[ɔ:l ] f.; Gen.: , Pl.: en〉 Versicherung, die grundsätzlich alle Gefahren umfasst [Etym.: <engl. all »alle« + risk »Risiko, Gefahr«] …   Lexikalische Deutsches Wörterbuch

  • all-risks policy — /ˌɔ:l rɪsks ˌpɒlɪsi/ noun an insurance policy which covers risks of any kind, with no exclusions …   Dictionary of banking and finance

  • against all risks — aˌgainst all ˈrisks abbreviation AAR adverb INSURANCE if something is insured against all risks, it is insured against any kind of loss or damage: • The policy provides protection against all risks. * * * against all risks UK US adverb… …   Financial and business terms

  • Against All Risks - AAR — An insurance policy that provides coverage against all types of loss or damage rather than specific ones. Exclusions can still be included in an against all risks policy, but the insured will be covered against any risks that are not specifically …   Investment dictionary

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