"Peril coverage" refers to insurance coverage that protects against specific risks or dangers. It provides financial compensation if something unexpected or harmful happens, such as a fire, theft, or natural disaster. Full definition
These are quite affordable, and offer open perils coverage for the scheduled jewelry. (effectivecoverage.com)
A: A renters insurance policy provides named perils coverage. (novakinsurance.com)
Provides all risks coverage (except those specifically excluded in the policy) on buildings and broad named - peril coverage on personal property, and is the most common package written. (iii.org)