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The designated contingency, risk, or hazard against which an insured seeks to protect himself or herself when purchasing a policy of insurance.

Among the various types of perils for which insurance coverage is available are fire, theft, illness, and death.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.

PERIL. The accident by which a thing is lost Lee,. Dr. Rom. 911.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
Carriers Increasingly Dinged by 'Secondary' Catastrophe Perils : Swiss Re
It added that "even if the Court were to rule that the explosion was caused by the build-up of methane gas and diesel vapor at the basement as alleged by Ayala Land, the same does not help Ayala Land's cause" because "pollution of whatever cause is also an excluded peril" under its policy with Standard Insurance.
However, the insured had a patio set outside, and both the company adjuster and the independent adjuster are adamant that the furniture carried away by wind is not covered, as the policy language, under the "windstorm or hail" coverage, states "this peril does not include loss to the inside of a building or the property contained in a building caused by rain, snow, sleet, sand or dust unless the direct force of wind or hail damages the building causing an opening in a roof or wall and the rain, snow, sleet, sand or dust enters through this opening."
Complexity hypothesis (H2): Investors require higher risk premiums when exposed to multiple peril types or multiple peril regions within a single CAT bond.
Three-year-olds in peril Three-year-olds Cape Speed, Turbine and Wall Of Fire are relatively unexposed winners who are all likely to be prominent in the betting, but five-year-old Peril has raced only nine times, winning four of his six races for Simon Crisford.
The amusing thing about Bone is that he seems completely oblivious to the existence of the Labour Party opposition (understandable given its "leadership") and appears to have devoted himself to freeing the Tory party from the "yellow peril".
"Without strong clinical leadership and the co-ordinated efforts of local clinicians the NHS itself may be in peril; local services can only be improved if we all pull together," the GPs warn in a letter to The Daily Telegraph.
In order for damage from a pollutant to be covered, it must be caused by a coverage C peril. While fire is a named peril and the fire in the fireplace caused the soot, that was a friendly fire, and the resultant soot would not be covered.
Lightning is another peril that is not defined in the policy.
I try to recollect some of them to escape from the present day of national peril. I was once flying from Surkhet to Nepalgunj.
Basically, when this insurance is purchased, the insurance benefits become available only after 1) there is direct damage to or destruction of camp property from a covered cause of loss (peril); 2) a waiting period of usually seventy-two hours; 3) a necessary slowdown, or suspension of operations; and 4) an actual loss of income.