Which Of The Following Is An Example Of A Peril? A peril is something that can cause a financial loss. Examples include falling, crashing your car, fire, wind, hail, lightning, water, volcanic eruptions, falling objects, illness, and death. * Morale hazards such as a careless attitude since “insurance will pay for it.” What is an
How Is Peril Different From Hazard? A peril is a potential event or factor that can cause a loss, such as the possibility of a fire that could engulf a house. A hazard is a factor or activity that may cause or exacerbate a loss, such as a can of gasoline left outside the house
What Are The 16 Named Perils? Fire or lightning. Windstorm or hail. Explosion. Riots. Aircraft. Vehicles. Smoke. Vandalism. What are the 11 perils? Basic form covers these 11 “perils” or causes of loss: Fire or Lightning, Smoke, Windstorm or Hail, Explosion, Riot or Civil Commotion, Aircraft (striking the property), Vehicles (striking the property), Glass Breakage,