Wikipedia

Blanket policy

Also found in: Financial.

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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