Basic causes of loss form

Term · Insurance and risk management · MLC-T-INS-000530

A standardized form used in commercial property insurance that specifies the perils covered by the policy. This form typically provides coverage for a limited list of common perils, such as fire, lightning, explosion, windstorm, hail, smoke, aircraft or vehicle damage, riot, vandalism, sprinkler leakage, sinkhole collapse, and volcanic action. It offers less extensive coverage than broad or special causes of loss forms.

Table 1. Record
Identifier	MLC-T-INS-000530
Field	Insurance and risk management

Record as JSON

{
  "id": "MLC-T-INS-000530",
  "term": "Basic causes of loss form",
  "field": "Insurance and risk management",
  "definition": "A standardized form used in commercial property insurance that specifies the perils covered by the policy. This form typically provides coverage for a limited list of common perils, such as fire, lightning, explosion, windstorm, hail, smoke, aircraft or vehicle damage, riot, vandalism, sprinkler leakage, sinkhole collapse, and volcanic action. It offers less extensive coverage than broad or special causes of loss forms.",
  "url": "https://mlchart.com/terminology/insurance/basic-causes-of-loss-form/"
}

Record 293 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.