What is Blanket Coverage?

Blanket Coverage

[blang-kit / kuhv-er-ij]

noun

1.

Blanket Coverage insures multiple properties under the same Policy. Blanket Coverage can ensure more than one type of property at one location, several of the same types of property at more than one location, or multiple types of property at multiple locations. An example is a Homeowner’s Insurance Policy that covers a dwelling as well as the personal property inside the dwelling, “blanketing” all of the homeowner’s goods.

Share |

Have A Question About This Topic?

Thank you! Oops!
 

Related Contents

The Other Sure Thing

The Other Sure Thing

Though we don’t like to think about it, all of us will make an exit sometime. Are you prepared?

The Anatomy of a Supplemental Health Plan

The Anatomy of a Supplemental Health Plan

Here’s a guide to explain all the parts of Medicare.

Protecting Those Who Matter Most

Protecting Those Who Matter Most

The importance of life insurance, how it works, and how much coverage you need.