What are the different types of risk associated with insurance?

What are the different types of risk associated with insurance?

The following are the different types of risk in insurance: #1 – Pure Risk. … #2 – Speculative Risk. … #3 – Financial Risk. … #4 – Non-Financial Risk. … #5 – Particular Risk. … #6 – Fundamental Risk. … #7 – Static Risk. … #8 – Dynamic Risk.

See also  Is life insurance cheaper if you are married?