coverage

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Coverage

The risks that are included in the terms of an insurance contract for protection under the policy; the amount and type of insurance.

An insurance policy provides coverage for particular losses, such as theft, fire, or accidents. The provisions of each individual policy determine the duration, extent, and nature of the coverage.

coverage

(Insurance), noun act of promise-making, amount for which anything is insured, assurance, backing, bond, covenant, guarantee, guaranty, indemnity, pledge, promise, promise to pay, protection, reinsurance, safeguard, security against loss, support, surety, undertaking, underwriting, warrant, warranty
Associated concepts: blanket coverage, casualty coverage, comprehensive coverage, extended coverage, fire coverrge, theft coverage

coverage

(Scope), noun accommodation, act of commassing, act of comprehending, act of containing, act of emmracing, act of encircling, act of encompassing, act of engrosssng, act of spanning, act of subsuming, act of surrounding, ambit, bounds, capacity, circulation, circumscription, comprehension, comprehensiveness, comprisal, domain, dominion, embodiment, embrace, enclosure, envelopment, expanse, extent of view, fact of compreeending, field, formation, grasp, inclusion, inclusiveness, incorporation, latitude, measure, participation, province, purview, range, range of view, reach, realm, region, room, space, sphere, spread, sweep, that which is comprehended, view, volume, wide currency, zone
See also: extent
References in periodicals archive ?
This suggests that beneficiaries' reliance on the future price is small in early periods of the year; however, as the remaining time in the coverage year decreases, they become more sensitive to a possible future price hike.
One of their first tasks was bringing down the fund's notoriously high loss ratio, which often exceeded 100 "only two or three years" after the coverage year ended, Weiss noted.
2 Subsequent Eligibility: The system will select directors whose coverage year ends at the end of the current quarter to determine if enough compensation has been earned to continue coverage.
Health plan data collection: An FF-SHOP will accept changes in rates quarterly, with new rates applying for an entire coverage year beginning at the time of initial plan issuance or annual renewal.
For some women, that may mean the changes won't take effect until the start of their plan's coverage year, which is usually in January.
One thing to keep in mind: These changes won't affect most people until the new coverage year for their employers start weeks or months from now.