Sentences with phrase «named perils policy because»

Not exact matches

Because they're named in the policy, this is called «coverage on a named perils basis.»

Because there are many possible eventualities which may be named on your policy it is impossible to give direct advice on this, you should reference your insurance contract and they should be clearly laid out in this contract and if you still feel uncertain about what exactly is a named peril in your arrangement, you should contact your insurance broker or agent to discuss the policy in more detail.

Named perils content insurance is also less expensive than open perils policy because named perils only covers you for the specified risks on the policy such as fire, smoke, lightning, vandalism, theft and other items listed on your poNamed perils content insurance is also less expensive than open perils policy because named perils only covers you for the specified risks on the policy such as fire, smoke, lightning, vandalism, theft and other items listed on your ponamed perils only covers you for the specified risks on the policy such as fire, smoke, lightning, vandalism, theft and other items listed on your policy.

One of them is simple, increase the limits on your personal property protection to reflect that actual value of your personal property, because most standard home policies only provide for a percentage of the total policy value to be used to repair or replace personal items that are destroyed after a named peril.