meaning of blanket limit

blanket limit meaning in Law Dictionary

many coverage an insurance coverage organization can write for a location.

blanket limit meaning in Business Dictionary

Maximum level of coverage that a company will write in a certain location.

blanket limit meaning in Insurance Dictionary

A single restriction of insurance that applies over more than one place or higher than one category of property protection, or both. This really is in comparison to specific or scheduled restrictions of insurance, which are split limits that affect each sort of property at each and every place.