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  1. Which policy referring to policies that provide coverage only for the loss caused by the perils?
    2. A.
    Specifies perils
    B.
    Named Perils
    C.
    All Risk
    D.
    All perils

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    Answer : Option B

    Explanation :

    Named Perils is a property insurance term referring to policies that provide coverage only for the loss caused by the perils specifically listed as covered.

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