What does AMOUNT AT RISK mean?

AMOUNT AT RISK meaning in Law Dictionary

In INSURANCE, the reduced of a POLICY CAP on a contract and OPTIMAL PROBABLE CONTROL to the INSURED. INSURERS use amount at an increased risk to approximate potential losings of their PORTFOLIOS.

AMOUNT AT RISK meaning in Insurance Dictionary

The protection part of a life insurance as computed by subtracting any cash worth from face amount. It decreases eventually as premiums are compensated and cash price increases.