MLchartDataset catalogue

Property damage (PD)

Term · Insurance and risk management · MLC-T-INS-002726

Physical harm or destruction to tangible assets, including buildings, vehicles, equipment, and personal belongings. This type of damage can result from perils such as fire, theft, vandalism, or natural disasters. Property damage coverage in an insurance policy compensates the insured for the cost of repair or replacement of these damaged items.

Table 1. Record
IdentifierMLC-T-INS-002726
FieldInsurance and risk management
AbbreviationPD
Record as JSON 
{
  "id": "MLC-T-INS-002726",
  "term": "Property damage (PD)",
  "field": "Insurance and risk management",
  "definition": "Physical harm or destruction to tangible assets, including buildings, vehicles, equipment, and personal belongings. This type of damage can result from perils such as fire, theft, vandalism, or natural disasters. Property damage coverage in an insurance policy compensates the insured for the cost of repair or replacement of these damaged items.",
  "abbreviation": "PD",
  "url": "https://mlchart.com/terminology/insurance/property-damage-pd/"
}

Record 2,778 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.