Definition of «exclusive coverage»

The term "exclusive coverage" refers to a type of insurance policy that provides protection for specific risks or perils, and is not available from any other insurer. This means that the insurance company offering exclusive coverage has tailored their policies to meet the unique needs of certain clients or industries, and are willing to take on the additional risk associated with those particular exposures. Exclusive coverage can be offered for a variety of risks such as professional liability, cybersecurity, product recalls, and other specialized insurance products that may not be available through standard commercial policies.

Phrases with «exclusive coverage»

Sentences with «exclusive coverage»

  • Increase client engagement with exclusive coverage of the cases working their way though decision - making and regulatory bodies worldwide. (mlexmarketinsight.com)
  • In any case, the best thing to do is to talk to your travel insurance agent to find out if there's any travel insurance policy that provides exclusive coverage for cliff diving. (travelinsurancereview.net)
  • Our writers are hot on the scene, delivering exclusive coverage on the best green fashion of the season. (treehugger.com)
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