insurance lingo

What Are The 16 Named Perils?

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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,

What Type Of Insurance Protects Against Damages Or Injuries To Other Persons?

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What Type Of Insurance Protects Against Damages Or Injuries To Other Persons? Liability insurance provides protection against claims resulting from injuries and damage to people and/or property. Liability insurance covers legal costs and payouts for which the insured party would be found liable. What type of insurance protects a business against injuries on the premises?