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

Insurance Contract, General

Legally binding unilateral agreement between an insured and an insurance company to indemnify the buyer of a contract under specified circumstances. I ...

New York Standard Fire Policy

Contract first written in 1918 that provided the basis for modern-day property insurance, both personal and commercial. Forms and endorsements must be ...

Real Estate Swap

Transaction in which the property owner (for example, a pension fund) agrees to pay the insurance company a rate of return tied to the fluctuations in ...

Associate In Automation Management (aam)

Professional designation earned after the successful completion of three national examinations given by the insurance institute of America (IIA). Cove ...

Temporary Life Annuity Due

Limited number of payments, the first of which is due immediately, and payments thereafter are contingent upon the designated beneficiary (the annuita ...

Exhibition Insurance

Coverage provided on an all risks basis for an exhibitor whose product, while being displayed at a public exhibition, is damaged or destroyed by a per ...

Popular Real Estate FAQ

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 ...

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 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 ...

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 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 ...

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 ...

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

Agents join here
Add our widget on your Website

Real Estate Advice

Build or Buy? That’s the Big Question Short Sales Homes What Must I Disclose When Selling My Home? 3 tips to ensure your sale goes through An Agent’s Guide on How to Plan the Perfect Open House

FAQ

If I want to buy a house and I know the property and the seller already have an agent, can I act as my own agent and negotiate a lower fee? How Much Income Do I Need ? What is Freddie Mac? What is a seller takeback? What is Long Term Care Insurance?