amount at risk

Englisch - Englisch

Definition von amount at risk im Englisch Englisch wörterbuch: The difference between the face amount of a Whole Life Insurance contract and the cash value which it has built up The net amount at risk declines throughout the life of the contract, while the policy reserve increases along with the cash value It is the amount the insurer would have to draw from its own funds rather than the policy reserve were the contract to become a death claim (LI); (Montant assuré) This term comprises the amount of insurance effected on any property by a company, irrespective of whether such amount is equal or otherwise to the actual value of the property; The difference between the face value of a policy and its accrued cash value at a given time In other words, the amount over and above what the member has contributed in the way of cash value toward the payment of his or her own claim Since the value increases each year, the net amount at risk decreases and finally reaches zero when the cash value becomes the face value At that time, the policy is said to mature or endow

amount at risk