What type of insurance policy could cover all students at a large university?

A blanket policy is specifically designed to provide coverage for a group of individuals who are part of a defined entity, such as a university. This type of policy is particularly suitable for situations where the insured individuals may not be permanently part of the group, such as students who may change from year to year. A blanket policy can cover participants for the duration of their enrollment or presence on campus, providing flexibility in terms of the number of individuals covered and the duration of coverage.

In the context of a university setting, a blanket policy can address various student needs, including coverage for athletic events, health services, or any other situations where students may need short-term insurance coverage. This makes it a practical choice for institutions looking to provide insurance solutions that can accommodate a varying student body. In contrast, individual health policies would require each student to obtain their own plan, making it an impractical solution for a large population. Group policies typically cover a stable group, like employees of a company, rather than the transient nature of university students. Short-term medical insurance might not provide the comprehensive coverage expected for all students nor would it be tailored to the unique environment of a university.