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LSDefine

Simple English definitions for legal terms

named-perils policy

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A quick definition of named-perils policy:

A named-perils policy is a type of insurance policy that only covers specific risks that are listed in the policy. For example, a homeowner's named-perils policy may only cover damage from fire, water, burglary, and the homeowner's negligent conduct. This is different from an open-perils policy, which covers all risks except those specifically excluded.

A more thorough explanation:

A named-perils policy is a type of insurance policy that covers specific types of losses, such as fire, theft, or personal injury. This is different from an open-perils policy, which covers all risks except those specifically excluded from coverage.

For example, a homeowner's insurance policy may be a named-perils policy that covers losses from fire, water damage, and theft, but not from earthquakes or floods.

Named-perils policies are often used for specific types of insurance, such as property insurance or homeowner's insurance, where the risks are well-defined and can be specifically named in the policy.

named partner | named plaintiff

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this guy at my school couldnt break into 160s after two months of studying so he decided to got to the police academy instead
[] baddestbunny
15:55
imagining a type of guy who thinks there's a really prestigious law school called Hys
15:55
Dk
go kys not hys
15:56
retweet
i'm stealing that that's so funny
15:56
not hys? kys!
15:56
need a colloquial abbreviation for the rest of the t14
[] baddestbunny
15:57
super excited to announce that I've finally committed to kys
hahahaha
[] baddestbunny
15:57
waspy I'm dying over here
[] baddestbunny
15:57
they got me on the phones
15:58
put yo pussy on tha phone
you became a slave so others could live free
15:58
im tryna hear sumn
not so limp anymore are we
[] baddestbunny
15:58
nah they got all my friends on the phones too
[] baddestbunny
15:59
nobody important is free
[] baddestbunny
15:59
in 1 minute I'll be on my twelfth hour of work today
Dkk
16:00
I will apply to Yale if it helps the cause.
damn that is a lot of hours
do you get off at 7pm?
Dkk
16:01
@TheAdoptedOne: he gave up too easily.
[] baddestbunny
16:01
8!
Mr. Bad Fumbla
Bag
Dkk
16:01
Commits to kys when I commit to kms the same day. What a crazy november 5th.
[] baddestbunny
16:02
kms isn't even a t50 you should r&r
does anyone ever think about how we have no idea who everyone else here is? like you guys dont know me at all thats so crazy cause i talked to you more than ppl irl today
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