MLchartDataset catalogue

Blanket policy

Term · Insurance and risk management · MLC-T-INS-000572

An insurance policy that covers multiple items of property, locations, or types of property under a single limit of insurance. This contrasts with specific coverage, where each item or location has its own designated limit. A blanket policy offers flexibility, as the full limit can be applied to any covered property experiencing a loss.

Table 1. Record
IdentifierMLC-T-INS-000572
FieldInsurance and risk management
SubjectCommercial Property
Record as JSON 
{
  "id": "MLC-T-INS-000572",
  "term": "Blanket policy",
  "field": "Insurance and risk management",
  "definition": "An insurance policy that covers multiple items of property, locations, or types of property under a single limit of insurance. This contrasts with specific coverage, where each item or location has its own designated limit. A blanket policy offers flexibility, as the full limit can be applied to any covered property experiencing a loss.",
  "subject": "Commercial Property",
  "url": "https://mlchart.com/terminology/insurance/blanket-policy/"
}

Record 342 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.