What are Insurance Wraps
An insurance wrap is a type of insurance product that combines multiple types of insurance coverage into one policy. This can include coverage for property, liability, workers' compensation, and other types of insurance.
The idea behind an insurance wrap is to simplify the process of purchasing and managing insurance by providing a single point of contact and a single policy document for all the coverage. It also can provide more comprehensive coverage and better pricing than buying each type of insurance separately.
It is mostly used by large companies and organizations that have complex insurance needs.
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