assigned risk (0 synonym found)

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Definition of assigned risk:

(n) : (insurance) A government-mandated method of providing insurance coverage to an individual by compelling insurance companies to service them when such companies would ordinarily not do so due to perceived risk.

Definition of assigned risk:

(n) : (insurance) A government-mandated method of providing insurance coverage to an individual by compelling insurance companies to service them when such companies would ordinarily not do so due to perceived risk.

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