Blanket Insurance is best described as what type of policy?

Blanket insurance is best described as a group policy that covers defined groups. This type of insurance is designed to provide coverage to a specific population, such as a group of employees or members of an organization, without requiring individual policies for each member. It typically covers a range of incidents, ensuring that participants are protected against certain risks as part of a collective agreement.

This policy structure allows for efficient risk management and cost distribution among the members of the group. Blanket insurance often includes coverage for events like accidents or health crises that may affect multiple individuals within the defined group simultaneously, making it a suitable option for organizations seeking to provide comprehensive protection without the complexities and costs associated with individual policies.

In contrast, the other options specify coverage that does not align with the broad, inclusive nature of blanket insurance, such as individual policies or types of coverage limited to specific incidents or characteristics.