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coverage
(redirected from coverages)

   Also found in: Dictionary/thesaurus, Medical, Financial, Encyclopedia, Wikipedia 0.01 sec.

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


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Coverages provided: Protection and indemnity (maximum limit $1 million primary, bumbershoot available), ocean cargo.
Economic pressures have affected our industry significantly--policy volume is down, pricing is soft and competition is fierce--while insurance coverages have increased in complexity.
Users can then drag the "slider" bar to the right or left to see how the coverages and price can change within a range of options.
 
 
 
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