all-risks all-ˈrisks also all-risk written abbreviation a/r adjective [only before a noun]
INSURANCE providing insurance against any kind of loss or damage:
• Expensive items of jewellery may be insured under an all-risks policy.
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all-risks UK US (also all-risk) adjective [before noun] (also all-loss, WRITTEN ABBREVIATION a/r)
► INSURANCE relating to an insurance agreement that pays for every kind of loss or damage: »
all-risks insurance/an all-risks policy
»The video camera was insured under the all-risks section of my home contents policy.
Financial and business terms. 2012.