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Coverage

When discussing insurance, we often come across the term "coverage". This refers to the amount of insurance purchased from an insurance company. In other words, it is the monetary value that the policyholder is protected for in case of an event covered by the insurance policy. This is an essential concept to understand when it comes to managing risks and protecting our assets.

Long-term care insurance

In the world of finance, we often come across the term 'coverage' which refers to a form of protection provided under certain circumstances. Specifically, in the case of ski...

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Named peril

Insurance policies often include specific risks that are covered, known as perils. These can range from natural disasters such as floods and earthquakes, to man-made events ...

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Accounts receivable (debtors) insurance

In finance, the concept of indemnification refers to the compensation or protection provided to an individual or entity for any losses incurred due to unforeseen circumstanc...

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Social insurance

Publicly operated insurance plans are commonly mandatory and provide coverage for individuals. These plans are often established by government agencies and can vary in terms...

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