The phrase "specific perils" refers to particular dangers or risks that are clearly identified or named. It means focusing on or talking about particular and known risks or hazards, rather than general or overall dangers. Full definition
Though effective, actions like reducing coverage limits, eliminating specific perils from your policy, and increasing your deductible can cause problems if and when you need your insurance policy to cover repairs. (netquote.com)
This means that your property is protected against specific perils, or causes of loss, that are named in the policy. (effectivecoverage.com)
A basic named - peril policy, meaning only specific perils are covered. (insure.com)