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LSDefine

Simple English definitions for legal terms

block policy

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A quick definition of block policy:

A block policy is a type of insurance policy that covers groups of property against most risks. It is like a big umbrella that protects many things at once. For example, it can cover all the merchandise in a business or property held in bailment. It is different from other policies that only cover specific types of loss, like fire or theft. A block policy is an all-risk policy, which means it covers most perils.

A more thorough explanation:

A block policy is a type of insurance policy that covers groups of property against most perils. It is an all-risk policy that can cover property held in bailment or a business's merchandise.

For example, a company that stores goods for multiple clients may purchase a block policy to cover all the goods against damage or loss. This policy would provide coverage for most risks, such as fire, theft, or vandalism.

Other types of insurance policies include:

  • Accident policy: insures against loss resulting directly from accidental bodily injuries sustained during the policy term.
  • Homeowner's policy: provides coverage for a variety of risks, including loss by fire, water, burglary, and the homeowner's negligent conduct.
  • Commercial general-liability policy: covers most commercial risks, liabilities, and causes of loss, including situations in which a business is liable to a third party for personal injury or property damage.

Each policy has specific terms and conditions that determine the coverage provided and the premiums charged. Insurance companies use a process called insurance rating to arrive at a policy premium for a particular risk.

block interest | Blonder–Tongue doctrine

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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