Which type of policy provides coverage for a group of individuals exposed to the same hazard, like a sports team or employees of a company?

The correct choice is a blanket policy, as it is specifically designed to provide coverage for a group of individuals who are exposed to the same hazard. This type of policy is ideal for situations involving transient groups, such as the members of a sports team or participants in a specific event. It automatically extends coverage to all individuals under the policy without the need for individual applications or premiums, making it convenient for organizations that face shared risks.

In contrast, an individual policy provides coverage tailored to a single person, wherein each member would need their own policy, making it less efficient for groups. An accidental policy typically covers specific incidents of accidental injuries rather than encompassing a broader range of risks faced by a group. A group policy generally covers a defined group but does not offer the flexible, event-specific coverage that a blanket policy does, which is suited for transient situations. Therefore, the blanket policy stands out as the most appropriate choice for providing collective coverage to groups sharing the same hazard.