Insurance coverage refers to the protection provided by an insurance policy. It is a contract between the insurer and the insured, wherein the insurer agrees to indemnify or compensate the insured for any loss or damage that may occur due to certain specified risks, in exchange for payment of a premium by the insured. The extent of coverage depends on the terms and conditions of the policy, which can vary depending on factors such as the type of insurance, the amount of risk involved, and the specific needs of the individual or entity seeking protection. Insurance coverage provides peace of mind to individuals and businesses, knowing that they are financially protected in case of unexpected events.