Basic "named perils" This is the least comprehensive of the three coverage options. It provides protection against perils most likely to result in a total loss.
Broad "named perils" This form expands on the "basic form" by adding 6 more covered perils. Again, this is a "named perils" policy. The loss must specifically be listed to receive coverage.
Special "all risk" Special-form coverage is the most inclusive of the three options. They provide coverage to all losses unless specifically excluded.
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DETAILS
Exclusions
The following are excluded from insurance coverage:
Loss or damage caused by war, civil war, and kindred perils
Loss or damage caused by nuclear activity
Loss or damage to the stocks in cold storage caused by change in temperature
Loss or damage due to over-running of electric and/or electronic machines
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