Which type of risk only affects the individual rather than the entire community or country?

Particular risk refers to risks that are specific to an individual or a small group and do not affect the wider community or society as a whole. Examples of particular risks include the theft of a personal vehicle, damage to a homeowner's property due to a fire, or medical issues faced by an individual. These instances primarily influence one person or a limited set of individuals, rather than creating impacts felt broadly across a community or the entire nation.

In contrast, fundamental risk involves issues that have the potential to impact large groups or entire communities, such as natural disasters, economic changes, or systemic events that affect many people simultaneously. Dynamic and static risks relate to changing conditions or events, but their scope does not necessarily separate individual experiences from collective community impacts in the same way that particular risk does. Understanding the unique nature of particular risk is essential for insurance agents when addressing individual clients' needs, as these risks are often the focus of personal insurance policies.