Health · Chapter 19 · Risk Classification
Standard Risk
Definition
An applicant who fits the insurer's guidelines for issuing the policy without special restrictions or an additional rating. Standard risks meet the same conditions as the tabular risks on which the insurer's premium rates are based.
In plain English
The baseline. Average risk, average (tabular) premium, no strings attached.
Easy to confuse with
These are what this term gets tested against — if you can't tell them apart cold, drill the contrast.
Related terms