Special Building Form
Endorsement to the special multiperil insurance (smp) policy that provides all risks damage coverage for real property. This special form provides only minimum cover, leaving the option for adding forms to the policyholder. The policyholder has a choice of the general building form, which provides named peril coverage, or the special building form for the broader all-risks coverage.
Popular Insurance Terms
Obligations and responsibilities subject to evaluation, interpretation, and enforcement in a court of law. Casualty insurance provides coverage for an insured against a civil legal ...
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In which at least two insurance policies provide identical coverage for the same risk. ...
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Same as term Civil Damages Awarded: ...
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Assets minus liabilities of the insurance company. ...
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