Which policy type focuses on a specific risk or property and does not automatically include liability insurance?

A monoline policy is designed to cover a specific type of insurance or a particular risk, rather than bundling multiple coverages together. This type of policy typically provides coverage for one area, such as property or casualty, which means it does not automatically include liability coverage unless specifically added.

For example, a monoline property insurance policy would cover only property damage without incorporating any liability protection related to that property, unlike a package policy that combines multiple types of coverage, including liability, under one contract. This makes monoline policies particularly useful for businesses or individuals who want to tailor their insurance protection to cover only their specific needs without additional liability coverage unless they choose to add it.