Sentences with phrase «coverage against major losses»
An insurance policy designed to provide additional coverage against major losses covered under the original policy if existing liability claim payments are exhausted past their limits.
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We continue to hold index put option coverage under about 90 % of our stockholdings, though primarily as a «stop loss» against any major continuation, rather than a defense against moderate declines.
In addition, guests and recent immigrants to the U.S. can obtain major medical coverage to protect against financial losses due to accidents and illnesses during their stay.