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Coverage
Definition:

Relevance: Insurances

The coverage is a central component of any insurance contract because it details the scope of the agreed insurance cover. On the one hand, the coverage defines the risks, and possibly also the persons, covered (types of coverage) and on the other, it represents the maximum possible amount that will be paid out to the policyholder in the case of a claim (see also Sum insured).

Source: touring artists Insurances, translated

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