What does Multi-Peril Policy mean? Read on to discover the definition & meaning of the term Multi-Peril Policy - to help you better understand the language used in insurance policies.
A multi-peril policy is an insurance policy that covers a number of different causes of loss, rather than just one. These types of policies provide comprehensive coverage and are common in property insurance.
We hope the you have a better understanding of the meaning of Multi-Peril Policy.