Excepted Perils Clause Samples

The Excepted Perils clause defines specific risks or events that are excluded from coverage or liability under a contract, particularly in insurance or construction agreements. In practice, this clause lists particular perils—such as war, natural disasters, or acts of terrorism—that, if they occur, relieve one or both parties from certain obligations, like making payments or completing work. By clearly identifying these exceptions, the clause allocates risk and ensures that parties are not held responsible for losses or delays caused by extraordinary, uncontrollable events.