What are “insured perils”?

“Insured perils” are risks or events leading to a financial loss covered by an insurer.
These are examples of insured perils:

  • Fire, lightning, thunderbolt or subterranean fire
  • Explosion
  • Aircraft and other aerial devices and articles dropped therefrom
  • Collision or Impact
  • Bursting or overflowing of domestic water tank, apparatus or pipe
  • Theft accompanied by actual forcible and violent entry or exit
  • Hurricane, cyclone, typhoon, windstorm and flood
  • Earthquake or volcanic eruption
  • Riot, Strike and Malicious Act