A form of inland marine insurance designed to cover loss to the property of a merchant, wholesaler, or manufacturer including: property of others in the insured's care, custody, or control, property on consignment and property sold but not delivered. Common block policies are jeweler's block and furrier's block policies.
An inland marine policy covering all property on or off a merchant's premises, including property of others in the care, custody or control of the policyholder.
Inland marine coverages offering protection for all of the described type property of an insured on an "all-risk" basis, from the time the insured obtains possession, through loading, transport, unloading, storage, display, or sales, including any repair or processing necessary at off-premises locations. Two of the most common block policies are the jewelers block or the furriers block coverages.
Covers several different properties, shipments or locations under one policy rather than under separate ones.
A COMPREHENSIVE INSURANCE POLICY ARRANGED BY US TO COVER BORROWERS' HOMES - CONTENTS INSURANCE IS ALSO AVAILABLE - PLEASE ASK FOR FURTHER DETAILS.
An All-Risk policy which derives its name from the French term en bloc meaning "all together." It provides coverage on stock, property being transported, property in bailment, and the property of the insured on the premises of others.
A policy used primarily for inland transit risks on cargo issued for a fixed premium without the need for sendings to be declared. An "all risks" policy issued to certain trades, e.g., jewellers (U.S.).
a policy covering all the property of the insured (usually a merchant) against most perils, including transportation. It may also cover property of others held by the insured on consignment, sold but not delivered, for repairs, or otherwise held. It usually covers both on and off the insured's premises. Examples: Jeweler's Block, Camera and Musical Instrument Dealers, Equipment Dealers.
