Peril definition

Peril means the cause of an insured loss.

Examples of Peril in a sentence

  • We insure covered property against direct loss from any cause while being removed from a premises endangered by a Peril Insured Against and for no more than 30 days while removed.

  • But if the failure results in a loss, from a Peril Insured Against on the "residence premises", we will pay for the loss caused by that peril.

  • Except as a greater amount may be required by applicable law, each Common Area Multiple Peril Insurance deductible may not exceed the lesser of (a) $10,000 or (b) one percent of the applicable amount of coverage.

  • We will pay the reasonable cost incurred by you for the necessary measures taken solely to protect covered property that is damaged by a Peril Insured Against from further damage.

  • We will pay up to $500 for your liability assumed by contract or agreement for fire department charges incurred when the fire department is called to save or protect covered property from a Peril Insured Against.


More Definitions of Peril

Peril means as specified in Section 8.5(a).
Peril means as specified in Section 8.5.
Peril has the meaning set forth in Section 9.04. -----
Peril means a Pilot who is, or is deemed to be, interned, captured, held as a hostage, a prisoner of war, a victim of terrorism, a victim of crime or is otherwise missing under circumstances which would indicate he is interned, captured, held as a hostage, a prisoner of war, a victim of terrorism, or a victim of crime. A Pilot shall not be deemed in Peril as a result of a criminal act committed by the Pilot under Canadian law.
Peril as defined in Section 9.4.