Protection under an insurance policy. In property insurance, coverage lists perils insured against, properties covered, locations covered, individuals insured, and the limits of indemnification. In life insurance, living and death benefits.
Term to describe the monetary limits and risks covered as set out in a contract or policy of insurance.
The total dollar amount of life insurance carried by an individual. In health insurance, often used to indicate what is covered and the extent or amount of coverage.
the specific types of losses covered by an insurance policy and the limits on the claims that may be made
Total amount and type of insurance carried.