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Risk
The
chance of loss, the degree of probability of loss
or the amount of possible loss to the insuring company.
For an individual, risk represents such probabilities
as the likelihood of surgical complications, medications'
side effects, exposure to infection, or the chance
of suffering a medical problem because of a lifestyle
or other choice. For example, an individual increases
his or her risk of getting cancer if he or she chooses
to smoke cigarettes. |
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