Blanket Property Coverage/Mental Health Insurance

Mental health institutions may seek blanket property coverage insurance to provide comprehensive protection for all their assets under a single policy.  This type of coverage offers a broad scope of protection, encompassing all buildings, equipment, furnishings, and other property owned or used by the institution.

Policy Benefits:

The policy highlights of Blanket Property Coverage could include protection against a wide range of perils, such as fire, theft, vandalism, natural disasters, and other unforeseen events.

• Unlike standard property insurance, which may require separate policies for different types of property or coverage limits, blanket property coverage consolidates all these elements into one policy, simplifying management and ensuring no gaps in coverage.
• In addition, blanket property coverage often includes additional features such as coverage for newly acquired property, business interruption coverage, and liability protection.