Peril
Term · Insurance and risk management · MLC-T-INS-002549
A cause of loss or damage to property or persons, such as fire, theft, windstorm, or liability. Insurance policies specify which perils are covered and which are excluded. Named peril policies list specific covered events, while open peril policies cover all perils not explicitly excluded.
| Identifier | MLC-T-INS-002549 |
|---|---|
| Field | Insurance and risk management |
| Subject | Personal Lines |
Record as JSON
{
"id": "MLC-T-INS-002549",
"term": "Peril",
"field": "Insurance and risk management",
"definition": "A cause of loss or damage to property or persons, such as fire, theft, windstorm, or liability. Insurance policies specify which perils are covered and which are excluded. Named peril policies list specific covered events, while open peril policies cover all perils not explicitly excluded.",
"subject": "Personal Lines",
"url": "https://mlchart.com/terminology/insurance/peril/"
}
Record 2,578 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.