TN Business Insurance Term: "Named Perils"

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TN Business Insurance Can Be Confusing With Different Types Of Insurance And Many Insurance Terms. Brief Definitions Of Some Common TN Insurance Terms.

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TN Business Insurance Term:

"Named Perils"

Definition:

In business insurance, named perils is a term contained in the business property insurance policy, that specifies which perils (loss causes) are or are not covered under the policy.

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