The term "coverage options" refers to a range of choices available for individuals or businesses when it comes to selecting an insurance policy that best suits their needs. This can include various types of coverage, such as health, auto, homeowners, life, disability, and more, each with different levels of protection and costs. The phrase "coverage options" typically refers to the range of choices available within a specific type of insurance, allowing individuals or businesses to choose the policy that provides the most comprehensive coverage at an affordable price.