Standard Property Policy
Term · Insurance and risk management · MLC-T-INS-003167
A basic insurance contract designed to cover direct physical loss or damage to property from a limited set of named perils. This policy form provides coverage for events such as fire, lightning, and internal explosion. It does not include liability coverage or broader perils found in special form policies.
| Identifier | MLC-T-INS-003167 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-003167",
"term": "Standard Property Policy",
"field": "Insurance and risk management",
"definition": "A basic insurance contract designed to cover direct physical loss or damage to property from a limited set of named perils. This policy form provides coverage for events such as fire, lightning, and internal explosion. It does not include liability coverage or broader perils found in special form policies.",
"url": "https://mlchart.com/terminology/insurance/standard-property-policy/"
}
Record 3,274 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.