Mutualization Of Risk | Insurance Glossary

Definition of "Mutualization of risk"

David Dahl

Edina Realty

Process of distributing the costs associated with losses and risks over a number of insureds.

The portion of the monthly payment that is used to reduce the loan balance. ...

Difference between the actuarial equivalent (rate) and the often lower rate actually charged to insu ...

Increasing tax rates with increasing levels of taxable income. ...

lender who charges an exorbitant interest rate, which is typically illegal because it exceeds the in ...

Residing in or using real estate. An example is a tenant in an office building. ...

Capitalization rate used to convert the expected income derived from a property into its estimated a ...

Loss of luggage Loss of travel documents Cancellation and lost deposit expenses Medical expens ...

Private mortgage insurance is insurance that protects mortgage lenders against default on loans by p ...

Find out what type of home is in your budget by entering a few numbers into our calculator. Our calc ...

A contingency is a provision included in a sales contract stating that certain events must occur or ...

An overall debt ratio is the percentage of your overall debt (housing payments plus any other long-t ...

An easement is the right given by the landowner to use the property. ...

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