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Question: ________ is a package policy which provides protection against a number of separate points.

Options:

  1.  Single peril policy
  2.  Group peril policy
  3.  Multi-peril policy
  4.  None

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1 Answer

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Best answer

3. Multi-peril policy

Multi-peril policy is a package policy which provides protection against a number of separate points.


More information:

A multi-peril policy is a package insurance policy that covers many causes of losses, not just one.

These types of policies provide complete protection against a number of separate points and are common in property insurance.

It can include coverage of a business crime, business car, boiler and equipment, at sea or farm.

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