named-peril

(from the article `insurance`) ...insurance on any peril except those later excluded in the policy. The advantage of these contracts is that if property is destroyed by a peril not ... Under named-peril forms, only losses from the perils named in the policy are covered. The named perils are sometimes defined narrowly; for example, ... ...
Found on http://www.britannica.com/eb/a-z/n/5
No exact match found