________ policy is taken to cover different risks for a single shipment.

Question

Question: ________ policy is taken to cover different risks for a single shipment.

Options:

1.  Blanket
2.  Named
3.  Specific cover
4.  Block

Answer 1

3. Specific cover

Specific cover policy is taken to cover different risks for a single shipment.

---

More Information:

Specific insurance is a type of insurance in which risk is covered for a single lot or shipment only.

It is opposite (alternative) to blanket coverage where a policy can cover many different properties or locations.