Named Peril Policy,
What is The Meaning of Named Peril Policy?
A simple definition of Named Peril Policy is: Designated risk insurance refers to property insurance (housing or professional building) whose insurance coverage is limited to the risks posed by the police. If there is material damage due to something that is not registered, the insurer is not obliged to cover it.
Named Peril Policy means: An insurance policy that only covers the causes of certain risks or losses specified in the policy.
Named Peril Policy can be defined as, Basic or general immovable property policies that cover only the risks listed (as opposed to all risk policies that cover all risks with exceptions).
An insurance contract that covers risks. Losses are paid to the policyholder. If an unregistered risk arises, no benefit is provided.
Literal Meanings of Named Peril Policy
Meanings of Named:
A word or a group of words referring to meeting, greeting, or something else.
(In the UK) an insurance company affiliated with Lloyds Union.
Tell her the name.
Mention (quantity, time or location) as desired, suggested or decided.
(A person or product) with a family name.
Sentences of Named
My name is John Parsons
Big races will attract big names
Hundreds of diseases have not been isolated or designated
The club asked United to name a reward for the striker
Special brand famous for special market
Synonyms of Named
leading light, title, star, famous person, label, mogul, baptized, called, superstar, luminary, under the name of, big name, epithet, important person, celebrity, by the name of, worthy, known as, person of note, designation, celebutante, tag, personage, honorific, christened, dignitary, denomination, VIP
Meanings of Peril:
A serious and imminent danger.
Sentences of Peril
The government's response could be a threat to the government
Jonathan risked his life for David
Synonyms of Peril
perilousness, threaten, put in jeopardy, uncertainty, put at risk, hazard, danger, expose to risk, imperil, threat, endanger, jeopardy, expose to danger, insecurity, put in danger, put on the line, menace, riskiness, risk
Meanings of Policy:
A code of conduct or practice that is adopted or proposed by any government, party, company or individual.
Sentences of Policy
Controversial economic policy administration
Synonyms of Policy
theory, stance, blueprint, guidelines, plans, intentions, code, stratagem, strategy, notions, approach, programme, proposed action, system, schedule, position, line, scheme, attitude