Insurance

What is Exposure?

Exposure

[ik-spoh-zher]

noun

1.

Exposure is an individual’s inclination to Risk in their daily life. For example, the more a person drives their car, the higher their Exposure to an accident. Insurance companies use Exposure to measure the risks of taking on certain policies and to help determine Premiums.

Share |

Have A Question About This Topic?

Related Content

Inventorying Your Possessions

Creating an inventory of your possessions can save you time, money and aggravation in the event you someday suffer losses.

Ask a Financial Professional: Successful Entrepreneurs

Learn more about business finance from Travis Scribner of WestPac.

The ABCs of Financial Literacy

What’s your plan and is it in alignment with this?