Business, Legal & Accounting Glossary
Insurance policy that covers losses from all causes not specifically excluded in the policy. opposite of named peril coverage.
If wanting to keep it extra safe when purchasing an insurance policy, consider an all-risks coverage that will protect you from a large variety of losses.
Understanding the potential of their delivery car to be involved in accidents or require repairs during its continuous operation, the company owners opted for all-risks coverage.
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Definitions for All-Risks Coverage are sourced/syndicated and enhanced from:
This glossary post was last updated: 30th October, 2021 | 0 Views.