What does Multiple Peril Insurance mean? Read on to discover the definition & meaning of the term Multiple Peril Insurance - to help you better understand the language used in insurance policies.
Multiple Peril Insurance
Multiple peril insurance is a policy meant to cover more damage and loss than regular property insurance. It often combines the feature of a comprehensive property insurance that covers several risks and a policy covering a particular peril such as flood or earthquake.
We hope the you have a better understanding of the meaning of Multiple Peril Insurance.