What type of insurance policy covers a group of individuals participating in the same activity?

A blanket insurance policy is specifically designed to cover a group of individuals who are participating in the same activity. This type of coverage often applies to events or situations where multiple individuals have a shared risk due to their participation in a common activity or event. For example, it could cover a sports team or a group going on a trip together, providing a single policy that encompasses all participants without the need for individual insurance for each member.

In contrast, general liability insurance typically protects businesses from claims involving bodily injury or property damage suffered by third parties, and it doesn't typically cover groups engaging in activities together. Term life insurance is focused on providing death benefits to designated beneficiaries for a specific term and is personal rather than applicable to a group activity. Disability insurance protects individuals against loss of income resulting from an inability to work due to disability, so it does not relate to group participation in the same way that a blanket policy does.