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GLOSSARY

 GLOSSARY TERMS by Alpha
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Umbrella liability
Underground Storage Tank (UST)
Underinsured
Underinsured motorists coverage
Underlying insurance policy
Underlying limits
Underwriter
Underwriters Laboratories, Inc. (UL)
Unearned premium
Unilateral contract
Uninsurable risk
Uninsured motorists coverage
United States Longshore and Harbor Workers Compensation Act (USL&H)
Universal Life Insurance
Unsatisifed judgment fund (UJF)

Uninsurable risk

An uninsurable risk is one that is literally uninsurable because loss is certain rather than possible.

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