Home Insurance Glossary - Peril

The Definition of "Peril" is:

A specific risk or cause of loss covered by an insurance policy, such as a fire, wind storm, flood, or theft. A named-peril policy covers the policyholder only for the risks named in the policy in contrast to an all-risk policy, which covers all causes of loss except those specifically excluded.



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Package Policy Paid-up Additional Insurance Option Paid-up Policy Partial Disability Participating Policy Pay-at-the-pump Pension Benefit Guaranty Corporation Pensions Per Capita Beneficiary Designation Per Stirpes Beneficiary Designation Peril Period Certain Personal Articles Floater Personal Injury Protection Coverage (PIP) Personal Lines Point-of-service Plan Policy Dividend Options Policyholders' Surplus Policy Political Risk Insurance Pollution Insurance Pool Pre-existing Condition Preferred Provider Organization Preferred Risk Class Premises Premium Reduction Option Premium Tax Premiums In Force Premiums Written Premium Primary Beneficiary Primary Company Primary Market Prime Rate Prior Approval States Private Mortgage Insurance Private Placement Product Liability Insurance Product Liability Professional Liability Insurance Proof Of Loss Property or Casualty Insurance Cycle Property or Casualty Insurance Proposition 103 Purchasing Group Pure Endowment Pure Life Annuity.
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