Special perils
Term · Insurance and risk management · MLC-T-INS-003738
A type of property insurance coverage that protects against all causes of loss unless specifically excluded in the policy wording. This contrasts with named perils coverage, which only covers losses explicitly listed. Policies written on a special perils basis often provide broader protection for the insured.
| Identifier | MLC-T-INS-003738 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-003738",
"term": "Special perils",
"field": "Insurance and risk management",
"definition": "A type of property insurance coverage that protects against all causes of loss unless specifically excluded in the policy wording. This contrasts with named perils coverage, which only covers losses explicitly listed. Policies written on a special perils basis often provide broader protection for the insured.",
"url": "https://mlchart.com/terminology/insurance/special-perils/"
}
Record 3,169 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.