What does Global Insurance Program mean? Read on to discover the definition & meaning of the term Global Insurance Program - to help you better understand the language used in insurance policies.
Global Insurance Program
An insurance program with a coverage territory encompassing the entire world, including the country in which the insured is domiciled, that is arranged for a multinational business. Because of the differences in legal climates and regulations, most global programs cover only property, business interruption, and sometimes crime exposures.
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