uninsurable risk
noun[CorU]
INSURANCEukusasituationthat you cannotprotectyourself against bybuyinginsurancebecause it isimpossibletocalculatehowlikelyit is tohappen, or how muchdamageit willcause:
In manycasescatastrophes, such asearthquakes, havebecomeuninsurablerisks.
asituationfor which aninsurancecompanywill notprovideinsurance, because, forexample, it iscertaintohappen:
Apersonsufferingfrom aterminalillnessisconsideredto be an uninsurablerisk.