excepted peril Meaning in the Cambridge English Dictionary
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Meaning of “excepted peril” in the English Dictionary

"excepted peril" in Business English

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excepted perilnoun [C]

uk   us  
INSURANCE a ​risk that is not ​included in an ​insurance policy: As water ​entering from an unknown cause was not an ​exceptedperil, the ​claimantssucceeded in their ​claim.
(Definition of excepted peril from the Cambridge Business English Dictionary © Cambridge University Press)
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