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Perils Cover

Perils cover is protection against named perils: risky events that can damage insured property. Older property policies are 'named perils' policies, which only cover the perils they list. Many newer policies offer 'all risks' cover instead, which is broader but still has some exclusions.

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Perils cover is protection against named perils: risky events that can damage insured property. Older property policies are 'named perils' policies, which only cover the perils they list. Many newer policies offer 'all risks' cover instead, which is broader but still has some exclusions.

Related Term

All Category

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