What is the Definition of Wrap-Up Insurance?

What is the Definition of Wrap-Up Insurance?

Broad policy coordinated to cover liability exposures for a large group of businesses that have something in common. Might be used to insure all businesses working on a large construction project, such as an apartment complex.

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 Annuity?

What is the Definition of Wrap-Up Insurance?

You can find random definition and meaning of insurance terms below:


What is the meaning of Extra Expense Insurance

a type of property insurance for extraordinary expenses related to business interruption such as a back-up generator in case of power failure.


What is the meaning of Face Amount

the value of a policy to be provided upon maturity date or death.


What is the meaning of Facultative Reinsurance

reinsurance for a specific policy for which terms can be negotiated by the original insurer and reinsurer.


Thank you for visiting our website and read this FAQ article about "What is the Definition of Wrap-Up Insurance?". We hope you get what you searching for.

definitionly.com is a website that contains information about the definition or meaning of a word. You can search for the terms you are looking for in the search field above.

Related Posts

Subscribe Our Newsletter