Which of the following lists specific perils covered under an insurance policy?

The term "named perils" refers to specific perils that are explicitly listed within an insurance policy. This means that the policy provides coverage only for the risks or hazards that are specifically mentioned. For instance, if a policy lists perils such as fire, theft, or vandalism, it will cover losses only if they result from these defined events. Named perils policies are usually more straightforward in terms of what is covered, making it easier for policyholders to understand the protections in place.

In contrast, other terms like "specified perils" and "open perils" refer to different types of coverage. Specified perils often refers to policies that cover only the perils explicitly stated, much like named perils, but the term is less commonly used and might not have the same recognition as named perils. Open perils, also known as all-risk coverage, provides coverage for all perils except those specifically excluded in the policy. Indexed perils is not a standard term used in property insurance and does not apply to the coverage types. Thus, named perils is the accurate term for policies that list specific covered risks.