google bot detected Wraparound Insurance Program | Insurance Glossary | Realestateagent.com

Wraparound Insurance Program


Definition of "Wrap-around insurance program"

Program designed as protection for political risk (action taken by a foreign government resulting in financial loss to companies trading or investing overseas). Coverage is provided for deprivation, acts of government, embargo, sanction, partial loss, and forced abandonment.



Related Real Estate Glossary terms

Related Real Estate FAQ