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noninsurance risk transfer

Noninsurance risk transfer is the transfer of risk from one party to another party other than an insurance company.

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noninsurance risk transfer

Noninsurance risk transfer is the transfer of risk from one party to another party other than an insurance company.

Additional Information


This risk management technique usually involves risk transfers by way of hold harmless, indemnity, and insurance provisions in contracts.

Synonyms

contractual risk transfer