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Master Policy
A type of insurance policy secured by a condominium association to cover "common" areas such as landscaping, passageways, parking areas, amenities, basement elevator and walkways for both liability and physical damage.
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Other users searching for also searched for some of the following glossary words, FAQs and Risk Alerts.
Glossary Words
Master Bedroom
Renter's Policy
Condominium Unit Owners Policy
Underwriting
FAQs
Do I need a condominium policy if my condominium association has a master policy for the complex?
Risk Alerts
Can I buy an individual health insurance policy?
Boat Insurance Basics
What are the types of term insurance policies?
How should I organize and store my life insurance records?
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