What risks are generally not covered by insurance?
What risks are generally not covered by insurance? In so doing, any peril not named in the exclusions list is automatically covered. The most common types of perils excluded from all risks include earthquake, war, government seizure or destruction, wear and tear, infestation, pollution, nuclear hazard, and market loss.
What type of risk are not covered by insurance?
An uninsurable risk is a risk that insurance companies cannot insure (or are reluctant to insure) no matter how much you pay. Common uninsurable risks include: reputational risk, regulatory risk, trade secret risk, political risk, and pandemic risk.