MLchartDataset catalogue

Specified causes of loss coverage

Term · Insurance and risk management · MLC-T-INS-003137

A type of property insurance coverage that only protects against losses caused by a list of explicitly named perils. If a loss occurs due to a cause not on this list, it is not covered. This is in contrast to 'open perils' or 'all risks' coverage, which covers all perils except those specifically excluded.

Table 1. Record
IdentifierMLC-T-INS-003137
FieldInsurance and risk management
SubjectPersonal Lines
Record as JSON 
{
  "id": "MLC-T-INS-003137",
  "term": "Specified causes of loss coverage",
  "field": "Insurance and risk management",
  "definition": "A type of property insurance coverage that only protects against losses caused by a list of explicitly named perils. If a loss occurs due to a cause not on this list, it is not covered. This is in contrast to 'open perils' or 'all risks' coverage, which covers all perils except those specifically excluded.",
  "subject": "Personal Lines",
  "url": "https://mlchart.com/terminology/insurance/specified-causes-of-loss-coverage/"
}

Record 3,239 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.