What Is Blanket Life Insurance? 
Blanket Life Insurance is life insurance that coves a group of individuals while they are temporarily exposed to a common hazard . E.g. a blanket life insurance policy might be use to cover passengers on a commercial flight , sports teams for while they are participating on the team , newspaper carriers while they are delivering papers , etc. . The blanket policy does not cover this group outside of the event for which the blanket policy was purchased . 