Blanket contract

Comprehensive group insurance coverage through plans sponsored by professional associations for their members such as athletic teams.
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A contract of health insurance affording benefits, such as accidental death and dismemberment, for all of a class of persons not individually identified. It is used for such groups as athletic teams, campers, travel policy for employees, etc.

Blanket coverage

MEDICAL,USA: 1. Health insurance benefits under a family subscriber contract for dependents whose names and ages are not stated on the insurance application form. 2. Insurance policy that covers several different properties at either a single location or in different locations. 3. Insurance contract that is issued to cover several individuals such as an athletic team.
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A means of insuring various items of property under one limit of liability.
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Property Insurance that applies a single Policy limit to many types of property at one location or property at two or more locations. Blanket coverage permits property to be moved from one covered location to another without changing the amount of protection.

Blanket position bond

Insurance that provides coverage for all employees regardless of job title, in the event of a financial loss to the employer by the act of an employee.
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This bond covers each listed position with the same amount of coverage for each position. For example, if there are five cashiers listed and a limit of $50,000 per cashier, the bond will pay up to $250,000 (each position times the coverage limit).