[Answer] Insuring more than one property on one policy for a single amount of insurance that applies to all properties covered under the policy is known as _______ coverage.

Answer: Blanket
Insuring more than one property on one policy for a single amount of insurance that applies to all properties covered under the policy is known as _______ coverage.
The principle of insurable interest on life insurance is that a person or organization can obtain an insurance policy on the life of another person if the person or organization obtaining the insurance values the life of the insured more than the amount of the policy . In this way insurance can compensate for loss. A company may have an insurable interest in a President/CEO or other …
Wed May 14 2008 14:30:00 GMT-0400 (Eastern Daylight Time) · Collateral Protection Insurance or CPI insures property held as collateral for loans made by lending institutions. CPI also known as force-placed insurance and lender placed insurance may be classified as single -interest insurance if it protects the interest of the lender a single party or as dual-interest insurance coverage if it protects the interest of both the lender and the borrower.
In the United States. In the U.S. insurance market co- insurance is the joint assumption of risk between the insurer and the insured.In title insurance it also means the sharing of risks between two or more title insurance companies.. In health insurance . In health insurance copayment is fixed while co- insurance is the percentage that the insured pays after the insurance policy s deductible …
Insurance is a means of protection from financial loss. It is a form of risk management primarily used to hedge against the risk of a contingent or uncertain loss.. An entity which provides insurance is known as an insurer an insurance company an insurance carrier or an underwriter.A person or entity who buys insurance is known as an insured or as a policyholder.
In insurance the insurance policy is a contract (generally a standard form contract) between the insurer and the policyholder which determines the claims which the insurer is legally required to pay. In exchange for an initial payment known as the premium the…

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