What is the key feature of blanket insurance?

Blanket insurance is designed to simplify coverage and provide flexibility by offering protection across multiple locations or for multiple types of assets under a single policy. This means that instead of specifying coverage for individual properties or specific items, blanket insurance encompasses a broader scope, applying coverage to all locations or all items of a specified type without the need for itemized listing.

This feature allows for easier management of insurance needs, particularly for businesses that operate across various sites or have numerous assets with fluctuating values. It's particularly beneficial in reducing potential gaps in coverage that may arise if only certain locations or items are insured.