"All other like perils" is a phrase commonly found in insurance policies to describe the coverage provided for risks or dangers that are similar to those specifically listed in the policy. The term can be interpreted to mean any peril or danger that is comparable to, but not explicitly mentioned, in the policy.
In insurance contracts, perils refer to events or circumstances that may cause damage or loss to insured property or possessions. These perils are typically mentioned and specifically described in the policy, such as fire, theft, vandalism, or natural disasters like earthquakes or floods. However, it is not feasible to list every potential peril that could occur. Hence, the term "all other like perils" is used to provide broader coverage.
This phrase implies that the insurance policy will cover perils that are of a similar nature or category to those specifically mentioned. It includes risks that are comparable or analogous in terms of the potential damage they may cause to the insured property. Examples of such perils might include riots, civil commotions, acts of terrorism, explosions, power failures, or even accidents caused by vehicles, among others.
By incorporating "all other like perils" in an insurance policy, insurers aim to offer a comprehensive and inclusive coverage, ensuring that the insured is protected against a wide range of potential risks. However, it is important to carefully review the terms and conditions of the policy to understand the specific scope and limitations of such coverage.
