PERIL
PERIL – This term refers to the causes of possible loss in the property field – for instance: fire, windstorm, collision, hail, etc. In the casualty field the term “hazard” is more frequently used.
PERIL – This term refers to the causes of possible loss in the property field – for instance: fire, windstorm, collision, hail, etc. In the casualty field the term “hazard” is more frequently used.