Blanket policy

Blanket policy

Blanket policy is a policy which behaves similarly to a variety of things. Based on Webster's Dictionary it "covers a group or class of things or properties instead of one or more things mentioned individually, as where a mortgage secures various debts as a group, or subjects a group or class of different pieces of property to one general lien."

References

Webster 1913 Suppl.


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Look at other dictionaries:

  • Blanket policy — Blanket mortgage Blanket mortgage or Blanket policy Blanket policy . One that covers a group or class of things or properties instead of one or more things mentioned individually, as where a mortgage secures various debts as a group, or subjects… …   The Collaborative International Dictionary of English

  • blanket policy — noun : an insurance policy in which various items or classes of property (as buildings and contents) are covered * * * blanket policy, a contract of insurance applied to a class of property rather than to any particular property, in which the… …   Useful english dictionary

  • blanket policy — The name given to a contract of insurance because of the manner in which the subject matter, that is the insured property or the risk is described, typically illustrated by a policy covering a stock of merchandise, which, because of the changing… …   Ballentine's law dictionary

  • blanket policy — An insurance policy that covers a number of items but has only one total sum insured and no insured sums for individual items. The policy can be of any type, e. g. covering a fleet of vehicles or a group of buildings …   Big dictionary of business and management

  • Wet Blanket Policy — Infobox Hollywood cartoon cartoon name = Wet Blanket Policy series = Woody Woodpecker caption = director = Dick Lundy story artist = Ben Hardaway Heck Allen animator = Fred Brunish Lester Kline Ken O Brien voice actor = Lionel Stander Ben… …   Wikipedia

  • Blanket mortgage — or Blanket policy Blanket policy . One that covers a group or class of things or properties instead of one or more things mentioned individually, as where a mortgage secures various debts as a group, or subjects a group or class of different… …   The Collaborative International Dictionary of English

  • blanket — blan‧ket [ˈblæŋkt] adjective [only before a noun] affecting or including everything or everyone: • The authorities have introduced a blanket ban on all deals of this kind. • The agency is offering a blanket settlement to all groups. * * *… …   Financial and business terms

  • policy — The general principles by which a government is guided in its management of public affairs, or the legislature in its measures. A general term used to describe all contracts of insurance. See policy of insurance. This term, as applied to a law,… …   Black's law dictionary

  • policy of insurance — The parlance of the insurance business, the contract between the insured and the insurer. State ex rel. Sheets v Pittsburgh, Cincinnati, Chicago & St. Louis Ry. Co. 68 Ohio St 9, 67 NE 93. The formal document in which a contract of insurance… …   Ballentine's law dictionary

  • blanket rate — noun 1. : group rate 2. a. : an insurance rate applying to two or more risks of a similar character but at different locations b. : the insurance rate applying under a blanket policy …   Useful english dictionary

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