An early and hugely successful example of packaged property and liability insurance. A mid-twentieth century insurance development was the introduction of the so-called multiline era in which insurers became empowered to write both property and liability forms of insurance, making way for the first packaging of these coverages within a single policy. Coverage is provided for the dwelling and contents of the listed property.

A policy that insures the policyholder against liability stemming from the perils they may experience as a homeowner or renter.

A policy that covers hazards to a homeowner or renter of a home. These policies typically cover the homeowner and the home.

An agriculturally homogenous area that can be insured as one unit. This unit may comprise several blocks of land. For loss adjustment in this approach, the actual average yield of a crop is assessed by sample survey through crop cutting or other methods, and compared with the guaranteed (insured) yield. The same yield loss is applied to all insured farmers within the defined area, disregarding individual differences in actual damage and crop yield.

The Policy covers beehives and/or colonies belonging to co-operative societies or individual and protects them against accidental loss or damage. Theft risk is covered on payment of additional premium. The main exclusions are loss of production, intentional destruction, theft and clandestine sale, malicious or willful act or neglect or improper management, nuclear and war perils.

Policy proof of interest admitted.

A policy that has no legal effect and is binding in honor only.