The phrase
"coverage amount" refers to the total sum of money that an insurance policy will pay out if a claim is made. It represents the maximum financial protection that the policy provides.
Full definition
Similar and related words and phrases are presented below.
«coverage»
«amount»
Related phrases
Phrases with «coverage amount»
Sentences with «coverage amount»
- A medical exam is required for coverage amounts of $ 400,000 and $ 500,000. (neamb.com)
- Pros: These policies allow you to purchase high coverage amounts for low prices. (trustedchoice.com)
- This is fairly common for people who need life insurance immediately, but want to work towards a lower price or a higher coverage amount in the future. (quotacy.com)
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sentences)