What is the Definition of Blanket Insurance?
What is the Definition of Blanket Insurance?
Coverage for more than one type of property at one location or one type of property at more than one location. Example: chain stores.
Source: Insurance Handbook A guide to insurance: what it does and how it works | https://www.iii.org/
Label: Insurance
Theme: Dictionary of Insurance Terms
Other Questions: What is the definition of Insurance?
What is the Definition of Blanket Insurance?
Check out other definition of insurance terms below:
What is the Meaning of INDIVIDUAL RETIREMENT ACCOUNT/IRA In Insurance Terms?
A tax-deductible savings plan for those who are self-employed, or those whose earnings are below a certain level or whose employers do not offer retirement plans. Others may make limited contributions on a tax-deferred basis. The Roth IRA, a special kind of retirement account created in 1997, may offer greater tax benefits to certain individuals.
What is the Meaning of INFLATION GUARD CLAUSE In Insurance Terms?
A provision added to a homeowners insurance policy that automatically adjusts the coverage limit on the dwelling each time the policy is renewed to reflect current construction costs.
What is the Meaning of INLAND MARINE INSURANCE In Insurance Terms?
This broad type of coverage was developed for shipments that do not involve ocean transport. Covers articles in transit by all forms of land and air transportation as well as bridges, tunnels and other means of transportation and communication. Floaters that cover expensive personal items such as fine art and jewelry are included in this category. (See Floater)
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