basic coverage
Standard insurance plan
Basic coverage is insurance that meets minimum requirements without extras or enhancements.
It typically refers to the least expensive tier of a policy, covering essential needs but excluding optional protections: The basic coverage only pays for liability, not collision.
In healthcare contexts, basic coverage handles routine care but may not include specialists or prescriptions.
- insuranceContractual risk coverage
- health planOrganized healthcare financing scheme
- car insurancePolicy covering vehicle damage
- minimumSmallest possible quantity
- bare minimumSmallest acceptable quantity
essential · liability · protection · policy · fine print · premium · deductible · out of pocket · bare-bones · no frills · standard · entry-level · starter · foundation · rudimentary · simple · affordable · bottom line
- health insurancepremium, deductible, copay, health insurance card, premiums
- insuranceinsurance, auto insurance, life insurance, home insurance, underwriting