Causes of loss forms
Term · Insurance and risk management · MLC-T-INS-000717
Standardized forms in commercial property insurance that define the perils for which coverage is provided. These forms specify whether the policy covers basic, broad, or special (all-risk) causes of loss. The basic form covers named perils like fire and lightning, while the special form covers all perils unless specifically excluded.
| Identifier | MLC-T-INS-000717 |
|---|---|
| Field | Insurance and risk management |
| Subject | Commercial Property |
Record as JSON
{
"id": "MLC-T-INS-000717",
"term": "Causes of loss forms",
"field": "Insurance and risk management",
"definition": "Standardized forms in commercial property insurance that define the perils for which coverage is provided. These forms specify whether the policy covers basic, broad, or special (all-risk) causes of loss. The basic form covers named perils like fire and lightning, while the special form covers all perils unless specifically excluded.",
"subject": "Commercial Property",
"url": "https://mlchart.com/terminology/insurance/causes-of-loss-forms/"
}
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