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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.
304.18-060 Blanket health insurance defined. Blanket health insurance is that form of health insurance covering groups of persons as. enumerated in one (1) of the following subsections under a policy or contract issued to: (1) Any common carrier or to any operator, owner, or lessee of a means of.