Block Policy


Definition of "Block policy"

Coverage on an all risks basis for goods in transit, bailment, and while on the premises of others.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Association Of Insurance And Risk Managers In Industry And Commerce (airmic)

Primarily a British association whose membership includes risk managers and insurance buyers, with the emphasis on risk management. ...

Turnkey Insurance

Contractor's and Architect's Errors and Omissions Insurance, which also serves as a general liability policy for these professionals. ...

Charitable Remainder Annuity Trust

Special type of charitable remainder trust (CRT) under which a designated beneficiary (cannot be a charitable beneficiary) receives an annual fixed in ...

Health Insurance Portability And Accountability Act Of 1996 (hipaa)

Legislation providing that, to the extent that all deductible medical care expenses exceed 7.5% of the taxpayer's adjusted gross income (AGI), expense ...

Normal Loss

Particular type of loss which is expected by an organization and for which provision is usually made in the budgeting process of the organization. ...

Assessment Period

Time during which an assessment life insurance company has the right to assess policyholders if losses are worse than anticipated in the premium charg ...

Popular Real Estate FAQ

What Should I Do If I'm In An Accident?

1.- Stay Calm. Determine the injuries and or damage. 2.- Call the police. File an accident report and obtain medical assistance if needed. 3.- L ...

How Do I File An Insurance Claim?

Call your Insurance agent or Insurance Company \"Claims Hotline\" as soon as possible. Getting your agent\'s help, may speed things along. ...

What Do I Need To Know About Auto Insurance?

Choosing the auto insurance requires consideration of manyfactors- Take into account everything you own and the reasons to protect them. The year of ...

What Do I Need To Know About RV Insurance?

Your motor home can be both your transportation and your home away from home. So like your auto and your home, you need to safeguard it with the prope ...

What Do I Need To Know About Watercraft Insurance?

You need separate coverage for the variety of risks you face when storing, launching, hauling or running your seaworthy vessel. Boats, and other water ...

What Do I Need To Know About Motorcycle Insurance?

You need an insurance policy that is tailored in your needs in mind. Take liability for example. Guest passenger liability helps protect you bodily in ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add real estate terms app
on your Website

Real Estate Advice

Building a Real Estate Team Property tax in the US: a homebuyer guide Buying a House with Cash vs. Mortgage Short-term Lease Pros and Cons Spring Landscaping Ideas to Improve Curb Appeal and Sell Your House

FAQ

What is a conventional mortgage? What is an adjustable-rate mortgage (ARM)? I looked at a property yesterday with a REALTOR® who seems to be clueless. I am really interested in purchasing the property, though. Can I switch agents and still make the purchase? What is homeowners insurance? Do I need Life Insurance?