What do you call the risk coverage that specifically lists which perils are included?

The correct term for risk coverage that specifically lists which perils are included is Named Perils Coverage. This type of insurance policy explicitly defines and enumerates the specific risks or causes of loss that are covered under the policy. For instance, if a policy includes named perils such as fire, theft, or vandalism, it means that the insurer will only provide coverage for damages resulting from those specifically listed causes.

In contrast, Special Form Coverage refers to a more comprehensive approach, covering all causes of loss except those specifically excluded. All-Risks Coverage operates similarly, aiming to cover most perils unless they are explicitly excluded in the policy. Standard Coverage is a more general term that does not specifically convey whether it lists certain perils or covers a broader range of risks. Named Perils Coverage is thus the most precise and accurate descriptor for this kind of policy, emphasizing the defined nature of the risks covered.