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Multiple Peril Policy

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lakemen
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lakemen

Joined: 18 May 2005

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Posted: Sat Jul 08, 2006 7:19 am Post subject: Multiple Peril Policy

Multiple Peril Policy A package policy, such as a homeowners or business insurance policy, that provides coverage against several different perils. It also refers to the combination of property and liability coverage in one policy. In the early days of insurance, coverage for property damage and liability were purchased separately.

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