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contractual risk transfer

Contractual risk transfer is the use of contractual obligations such as indemnity and exculpatory agreements, waivers of recovery rights, and insurance requirements to pass along to others what would otherwise be one's own risks of loss.

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Related Terms

An additional insured is a person or organization not automatically included as an insured under an...

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Contractual liability insurance covers liability of the insured assumed in a contract.

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Risk management techniques are the methods for treating risks.

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