What type of damage does the term "BIG AFFECT" refer to in the context of insurance?

The term "BIG AFFECT" refers to the Broad form perils in the context of insurance. This terminology is often used to denote a specific set of risks that are covered under a broader insurance policy. Broad form perils include a variety of different risks, such as fire, theft, and vandalism, offering a greater scope of protection than basic forms, which cover only a limited set of specified hazards.

In contrast to the other options, Broad form perils provide a more extensive coverage compared to Basic perils, which may include only fundamental risks. Comprehensive perils would typically extend beyond what Broad form covers, often including more nuanced risks. Minimal perils, as the name suggests, would provide the least amount of coverage. Thus, recognizing "BIG AFFECT" specifically as referring to Broad form perils captures the essence of the comprehensive protections that these types of insurance policies aim to provide.