Multiperil Insurance Law and Legal Definition
Multiperil Insurance contract that insures more than one peril or cause of loss within the policy such as home owner’s policy that covers losses from fire, theft and personal injury. For example, an "all-risk" property policy is multiperil. It is not the same as multiline, which is coverage for more than one line of insurance, such as property and liability.
Legal Definition list
Related Legal Terms
- Accelerated Life Insurance Benefits
- Accident Insurance
- Accidental Death and Dismemberment [Insurance]
- Accommodation Line [Insurance]
- Accountants Professional Liability Insurance
- Accounts Receivable Insurance
- Actual Cash Value Insurance
- Actual Delivery of Insurance Policy
- Actuarial Documents [Federal Crop Insurance Corporation]
- Actuarially Appropriate [Federal Crop Insurance Corporation]
