peril
Definition
Probable cause (such as an earthquake, fire, theft) that exposes a person or property to the risk of damage, injury, or loss, and against which an insurance cover (policy) is purchased.
peril is in the General, Marine, & Life Insurance subject.
peril appears in the definitions of the following terms:
attachment,
apportionment clause,
additional perils,
multiple line insurance,
danger,
contribution,
difference in conditions insurance,
floater policy,
extra risk,
jeopardy
and
peril appears in the other terms: all peril insurance, insured peril, fire and allied perils, perils of the sea, all other like perils, all other perils & misfortunes, covered peril, accident peril
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