multiple-line insurance
- A type of insurance policy that offers protection against various types of risks, such as property damage and liability
- The homeowner has a multiple-line insurance policy covering potential damage to their house and potential legal liabilities.
- To protect their business, the company owners purchased multiple-line insurance covering loss of property and other hazards.
- Multiple-line insurance is beneficial as it ensures coverage for a broad range of potential dilemmas, minimizing an individual’s or organization's financial risks.
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