Multiline Insurance
Definition of 'Multiline Insurance'An insurance instrument used to bundle the risk exposures of multiple insurance obligations into one insurance contract. The risk exposures put together often are related, such as property and casualty risks. |
|
Investopedia explains 'Multiline Insurance'Many different varieties of multiline contracts exist, and they cover a wide range of risk exposures. The basis behind multiline contracts is that a firm often is exposed to a portfolio of risk, and instead of creating a portfolio of insurance policies to manage that risk, they should use a single multiline contract to manage the portfolio of risks. One insurance contract is then more efficient and less costly than many contracts. |
Related Definitions
Articles Of Interest
-
Calculating The Equity Risk Premium
See the model in action with real data and evaluate whether its assumptions are valid. -
The Equity-Risk Premium: More Risk For Higher Returns
Learn how the expected extra return on stocks is measured and why academic studies usually estimate a low premium. -
Determining Risk And The Risk Pyramid
Many investors do not understand how to determine the level of risk their individual portfolios should bear. -
What is multiline insurance?
The term "multiline insurance" can refer to multiline contracts and multiline insurers, so let's take a look at both variations. A multiline contract is a type of insurance policy that bundles ... -
Financial Designations That Employers Require
We break down the designations that are important to have if you want to work in the financial sector. -
Retirement: The One Thing Couples Shouldn't Do Together
Staggering retirement can have both financial and emotional benefits for married couples. -
Top 5 Budgeting Questions Answered
You don't need a degree to understand your money, begin saving and pay down debt. -
Investing In Medical Equipment Companies
Learn the basics about medical equipment companies and how investing in them can benefit growth and value investors alike. -
Tax Variations Of The HEART Act
The HEART Act is designed to allow service members and reservists make a smooth financial transition into active duty and back into civilian life. -
8 Qualities That Make A Good Insurance Agent
Insurance agents must possess each of the following qualities in order to be successful.
Free Annual Reports