Blanket Insurance

Blanket Insurance

1. An insurance policy that covers two or more properties or the same property at two or more locations. For example, a blanket insurance policy may provide coverage for both a house and the furniture inside it. Alternatively, a policy may cover a person's furniture both at his/her house and in his/her storage unit in another town.

2. See: Blanket bond.
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Blanket insurance covers two or more separately rated units of the contractor's own operations.
Alliance obtained a blanket insurance policy from Travelers that covered various risks of loss (other than flood damage) to the plaintiffs' commercial properties.
UIC is operating >100 branches in the entire country and is doing general business counting Fire Insurance, Marine, Motor - Auto Sure Plan, Livestock, Crop Insurance, Engineering, Travel Insurance, Health Insurance Plan, Travel and Cargo Agents Guarantees, Personal Accident Policy for Students, Shop Secure Plan Plus, Self Secure Plan Plus, Education Secure Plan, Home Secure Plan and Banker's Blanket Insurance.
Blanket insurance coverage is another way to insure expensive gemstones.
International Group of P&I Club of independent insurance associations was not able to provide blanket insurance coverage to Iranian tankers or the vessels in trade relations with Iran because many of its member clubs are American insurers banned from transaction with Iran under US sanctions despite of implementation of nuclear Joint Comprehensive Plan of Action (JCPOA) and removal of insurance sanctions, said Ali-Akbar Safaei.
Blanket Insurance Indicate the type of property to be blanketed and the blanket limit of insurance.
Plante researched a few uncertainties, the primary concern being insurance, and discovered that volunteers are covered under the town's blanket insurance policy.
Another advantage of blanket insurance is that may fall victim to the margin clause is the added insurance that blanketing insurance provides for debris removal expenses in the event of a total loss.
in Dallas, said his company has a blanket insurance policy through an insurance wholesaler.
The advantage of blanket insurance is that, in general, there should be enough insurance to cover a loss at any one building.
The group's chairman Dave Gaskill said: "With members jumping on and off the float as we collect money and lots of children around we need to have blanket insurance in case anything untoward happens"Otherwise it would leave me responsible to meet any claim.
They do it with blanket insurance, not smoke and mirrors.