Insurance

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 Content

How to Make Charitable Giving a Lifelong Pursuit

How to Make Charitable Giving a Lifelong Pursuit

Charitable donations are good for the recipient, and increasingly, research shows that they are good for the giver, too.

6 Tips to Manage Market Stress

6 Tips to Manage Market Stress

Things you and clients can do to manage market stress

Your DNA Test

Your DNA Test

Preparing for the unexpected can make all the difference if your family relies on your income.