Blanket Insurance
Definition of "Blanket insurance"
Single policy on the insured's property for:
- two or more different kinds of property in the same location;
- same kind of property in two or more locations;
- two or more different kinds of property in two or more different locations.
Popular Insurance Terms
Coverage in the event that stock sent to others for processing is damaged or destroyed en route or at their premises except those perils specifically excluded. For example, this coverage ...
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Modified endowment insurance policy under which the insured receives one-half the death benefit as the maturity value of the policy. ...
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