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A monoline policy is an insurance policy that covers only one specific risk. An example of a monoline policy would be a single auto insurance policy covering only one vehicle. Within the industry, some brokers and agents may consider clients with only one type of insurance policy with their company as a monoline client.


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A monoline insurance policy is a term that refers to a stand-alone insurance policy that provides coverage for a risk that is typically included under a package policy or a business owners policy. A monoline policy also refers to insurance policies that do not have a "supporting line" by the same insurance carrier. For example, a commercial excess liability policy is not usually bundled in.


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Monoline property insurance covers only a single aspect of property insurance. Alternatively, monoline policies may include two or more coverage lines. These give more flexibility. For example, commercial package policies may cover crime, property, general liability, and auto insurance in a single package.


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Monoline lenders are banks or loan originators that focus on providing a specific type of credit such as mortgages, car loans, or personal lines of credit. They do not offer checking or savings.


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As the name implies, monoline insurance consists only of a single type of coverage. In the case of monoline property insurance, for example, coverage extends only to property protection. With a package policy, policyholders get coverage for several risks, such as property and liability insurance.


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Risk Impact. Monoline insurers operated in relative anonymity until the financial crisis of 2008 and were among its earliest victims. Regulators and investors underestimated the increased risk.


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Monoline A monoline policy contains only one type of coverage, such as liability insurance, while a package policy includes several different types of coverage, such as property insurance and liability insurance. A package policy is generally less expensive than insurance coverage purchased separately. Package


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