Block Policy | Insurance Glossary

Definition of "Block policy"

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

Where something of value is kept in a secured place. An example is important real estate document ...

Same as term American Risk and Insurance Association: membership organization of companies,academics ...

See buy-back. ...

Method of comparing the costs of a set of cash value life insurance policies that takes into account ...

Another residence in addition to the main residence where a person or family resides. An example is ...

Based on historical loss experience, from which future loss experience is predicted. ...

Long-term care refers to a broad range of medical and personal care services designed to assist indi ...

A term is the length of a loan. ...

A type of purchase in which the buyer assumes the responsibility of making payments on a sellers hom ...

A quit claim deed is a formal document that denies a claim to a certain property. Often used to clea ...

You should definitely consider getting travel insurance when doing or bringing any of the following ...

A Good Faith Estimate is when a lender must give a prospective homebuyer a written estimate of closi ...

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