special multiperil policy

special multiperil policy definition - business

special multiperil policy

Commercial insurance coverage that incorporates several forms and endorsements into a single policy. A special multiperil policy typically offers coverage for buildings, contents, liability for bodily injury and property damage, and medical payments to others.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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