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
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Risk management practice designed to control losses by physically separating assets or operations (on separating a single exposure unit into various parts) to reduce maximum potential loss. ...
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