insurance coverage
What premiums buy
Insurance coverage is the protection provided by an insurance policy against specific risks or losses.
The term describes both what an insurer agrees to pay for and the extent of that protection: Does your coverage include flood damage?
Coverage can be comprehensive or limited, and gaps in coverage leave policyholders financially exposed: We discovered our coverage didn't extend to the foundation.
- pre-existing conditionHealth issue before coverage
- co-paymentPatient's fixed contribution
- renewal termsConditions for continuing agreements
- deductibleOut-of-pocket threshold amount
- exclusionBeing barred from participation
act of God · underwriting · rider · denied claim · premium · out of pocket · indemnity · risk assessment · benefit eligibility · beneficiary · open enrollment · claim adjuster · policy limit · umbrella · claim · actuary · policy · comprehensive
- custodychild custody, joint custody, custody agreement, custody schedule, custody evaluation
- mental health policymental health courts, involuntary commitment, crisis intervention, suicide prevention, deinstitutionalization
- coverage typescomprehensive
- museum loansloan agreements, short-term loans, lending institutions, indemnity, traveling exhibitions
- workplace liabilityworkplace injury, workplace accidents, workplace injuries, employer duties, liability claims
- Financial Goalsretirement, savings, emergency fund, investment, college fund
insurance coverageuninsured
Lacking protective coverage
uncovered · self-insurance · unprotected · coverage gap · exposed