all-risks coverage

Definition

Insurance policy that covers losses from all causes not specifically excluded in the policy. opposite of named peril coverage.

Use all-risks coverage in a sentence

You should try to look for a policy that has all-risks coverage so that you can be more secure in your mind.

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If wanting to keep it extra safe when purchasing an insurance policy, consider an all-risks coverage which will protect you from a large variety of losses.

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Understanding the potential of their delivery car to be involved in accidents or require repairs during its continuous operation, the company owners opted for all-risks coverage.

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