Peril Insurance Definition?

Answer With insurance, "peril" simply means "cause of loss." All property insurance contracts protect against some sort of peril, and therefore all types of property insurance can be considered peril insu... Read More »

Top Q&A For: Peril Insurance Definition

What is peril insured against?

That would depend on your insurance policy. Te covered perils are listed in your policy package under the heading "Covered Perils".You could review your coverage with you Insurance Agent for clarif... Read More »

Definition of PPO Insurance?

PPOs, or Preferred Provider Organizations, are health care plans with some of the features of HMOs, or Health Maintenance Organizations. Though usually more expensive, they are generally more flexi... Read More »

Definition of Loss in Insurance?

The primary purpose of an auto or home insurance policy is to protect the insureds against a loss. In insurance terms, a loss is any injury or damage that the insured suffers because of a covered a... Read More »

The Definition of Estoppel in Insurance?

The law of estoppel is sometimes used in matters relating to insurance. Estoppel is a legal concept that holds an entity to some standards of established behavior.