Fundamental and Particular risks

Let us a close look at Fundamental and Particular risks:

Fundamental risks are those that affect large populations while particular risks affect only specific persons. A train crash is fundamental risk while a theft is a particular risk.Life Insurance business deals with particular risks, but fundamental risks affect the life insurance company's experience, as many persons will be affected at the same time, when there is an earthquake, flood or riot.

Doubts are queries regarding this post is kindly acceptable please leave your valuble comments.