Insured Peril
Definitions
- (n.) A specific risk or cause of loss explicitly covered under an insurance policy.
Fire is an insured peril commonly listed in property insurance contracts.
Forms
- insured peril
- insured perils
Related terms
See also
Commentary
Insured perils define the scope of coverage and must be clearly enumerated in policies to avoid ambiguity.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.