What made you want to look up bobble? Include any comments and questions you have about this word.
DEFINITION of 'Blanket Bond'. Insurance coverage carried by brokerages, investment bankers, and other financial institutions to protect them against losses due to employee dishonesty. Next Up. Examples of things that a blanket bond might cover are forged checks, counterfeit currency, fraudulent trading, and property damage.
Blanket insurance policies allow an insured to âcoverâ (thus blanket) multiple pieces of property or multiple property locations with a single policy. The most common way to insure multiple pieces of property or multiple locations is to list them separately, along with the amount of applicable insurance next to each on the policy declarations page.