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Assigned risk
ASSIGNED RISK

Definition: (Insurance) A risk that underwriters do not care to insure (such as person with hypertension seeking health insurance), but which, because of state law or otherwise, must be insured. Assigned risks are usually handled through a group of insurers, in proportion to their share of the business.
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See perfect type (1).

See perfect risk (3).
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See perfect insurance (1).

See perfect insurance (2).
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See perfect risk-taking.

See perfect lawfulness.
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See perfect must (1).

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