What does Blanket Policy mean? Read on to discover the definition & meaning of the term Blanket Policy - to help you better understand the language used in insurance policies.
A blanket policy is a form of property insurance that covers more than one type of property at one location, or the same type at various locations, or multiple types at multiples locations. It allows the policyholder to extend the coverage of a basic homeowner's policy.
We hope the you have a better understanding of the meaning of Blanket Policy.