What does Additional Perils mean? Read on to discover the definition & meaning of the term Additional Perils - to help you better understand the language used in insurance policies.
Special perils added to a standard policy to widen its scope. For example, losses caused by aircraft, burst water pipes, civil commotion, explosion, etc., may be additionally included under a basic fire insurance policy.
We hope the you have a better understanding of the meaning of Additional Perils.